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    In Cyprus: Natural gas interest

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Summary

US interest in gas reserves in Cyprus’ EEZ has increased as a result of the crisis in Ukraine which has led the American government to seek alternative options

by: Sruthi

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Press Notes

In Cyprus: Natural gas interest

US interest in the natural gas reserves in Cyprus’ Exclusive Economic Zone (EEZ) has increased as a result of the crisis in Ukraine which has led the American government to seek alternative options for natural gas supply.

According to recent reports, Washington expects that the situation in Ukraine will persist for a while and alternative solutions are being looked into, including the exploitation of reserves in the eastern Mediterranean.

Two senior US officials, the assistant undersecretary of Defence for Europe and NATO issues James J. Townsend and assistant US Undersecretary of State for European Affairs Amanda Sloat held talks in Nicosia on Friday, looking to deepen bilateral cooperation between Cyprus and the US on several levels.
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