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Cyprus News Agency: News in English, 11-12-30

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] Natural gas discovery an historic event, Minister says

  • [01] Natural gas discovery an historic event, Minister says

    Natural gas discovery is an historic event for Cyprus, the Minister of Communications and Works Efthymios Flourentzou has said, adding that government planning and policy on this issue has highlighted the existence of gas reserves.

    The Government has recently appointed an Advisory Committee, composed of experts who are expected to assist in developing policies that will safeguard the Republics interests in exploiting hydrocarbon deposits in the most wise manner, he said in statements after a visit to Nicosia General Hospital, where he distributed gifts to patients injured in car accidents.

    He noted that the discovery is certainly a new development which must be managed correctly. This massive investment will have multiple benefits in all aspects of our lives, he pointed out.

    Replying to a question on infrastructure for the import and export of petroleum, the Minister of Communications said that the relevant decision taken by the Cabinet is very important as it concerns a huge investment that will place Cyprus on the energy map.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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