News Local Akinci proposes joint committee to manage gas revenue

Akinci proposes joint committee to manage gas revenue

Turkish Cypriot leader Mustafa Akinci has proposed to the internationally recognised government of the Republic of Cyprus that the two sides cooperate in the search for gas off the island, Turkey’s Foreign Ministry said on Saturday.

According to Turkish state-run Anadolu Agency, Akinci proposed to establish a joint committee to manage revenue from natural gas.

Turkish Cypriot BRT website reported that the proposal was made through the UN Special Representative Office in Cyprus.

“Prime minister” Ersin Tatar made the announcement to the reporters following a meeting with Akinci on July 11.

The proposal comes after a European Union warning that it could curb funding for Turkey in retaliation for what it calls Ankara’s illegal drilling for gas and oil off Cyprus in the eastern Mediterranean.

Akinci “presented a new comprehensive cooperation proposal prepared by the Turkish Cypriot side for the exploration and exploitation of hydrocarbon resources around the island of Cyprus to the Greek Cypriot side through the United Nations,” Turkey’s Foreign Ministry said in a statement.

The proposal said that Turkish and Greek Cypriots “are equal partners on the island, have equal rights, so should share the income and cooperate in the area of ​​hydrocarbon resources and benefit from these resources simultaneously”, the ministry said.

If adopted, the proposal would “initiate a new period of cooperation between the two parties,” it added.

Turkey and the Cypriot government have overlapping claims in the area. Last week Turkey said a drilling ship had arrived east of Cyprus and would start operating there, two months after a first Turkish drilling ship started work west of the island.

Cyprus says Turkey’s actions are contrary to international law and the EU is set to curb contacts and funding for Ankara, linked to its EU accession talks, in retaliation for what it calls Turkey’s illegal drilling operations, according to a draft statement seen by Reuters.

The document said the EU stood ready to ramp up sanctions further.

(Reuters)

Top Stories

No deaths for 3rd consecutive day, slight drop in new cases

  No deaths for a third day running and 243 new cases were recorded in Cyprus today, a drop in number in comparison to yesterday's...

Where to get a rapid test on Sunday 28 February

  Aiming at the continuous surveillance of the community and the workplaces, the free programmes of rapid antigen testing of the general population and employees...

Illegal sale of Salamis marble on Ebay stopped

  A Russian man attempted to sell a piece of marble from the ancient Salamis archaeological site in the occupied territories, obtained through smugglers. The Ebay...

Government guided by science on covid, not politics, Presidency says

  The government is always guided by scientific evidence on covid policies, not political expediences, said Director of President Anastasiades' press office Victoras Papadopoulos,  in...

Turkey supports two-state ‘vision’ Erdogan tells Tatar

  Ankara continues to steadfastly support a two state 'vision' for the settlement of the Cyprus issue, based on the so-called 'equality of sovereignty' and...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...