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Cyprus

Energy minister discusses security and investments in Washington

Energy Minister Yiorgos Lakkotrypis was in Washington overnight, where he met the State Department’s acting Special Envoy and Coordinator for International Energy Affairs Sue Saarnio, with whom he discussed strengthening Cyprus’ energy security and investment opportunities for US companies.

Lakkotrypis, is in the US for a meeting in New York focusing on international business opportunities in Cyprus or via Cyprus, said they discussed energy developments in the Middle East and the significance of energy reserves there for the energy security of Europe. The same issue was also raised by Secretary of State Rex Tillerson in a speech at the Wilson Centre.

“The message is that we have their support, but we still have work to do regarding briefing the State Department, where there is a new team on energy issues,” he said.

Lakkotrypis said Saarnio, who is standing in for Amos Hochstein who resigned with the change in administration, reiterated the longstanding US support to Cyprus’ sovereign right to explore and exploit its natural resources in its exclusive economic zone.

During his stay in Washington, Lakkotrypis also met members of the Atlantic Council think tank to discuss energy matters and broader developments in the region.

“Everyone sees a deterioration in US-Turkey relations and indeed believe they will worsen,” he said.

Lakkotrypis also met an official from ExxonMobil.

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