Egypt’s president Abdel-Fattah el-Sissi said that newly discovered gas deposits in the eastern Mediterranean can offer Europe the alternative sources of energy that it’s searching for and that Europe can take advantage of the proximity of both Egypt and Cyprus to the continent in that energy search. El-Sissi said after talks with his Cypriot counterpart said “These gas discoveries can contribute to the European continent’s search for alternative energy sources, taking advantage of the position of Egypt and Cyprus.”
Cyprus President Nicos Anastasiades said his country will promote closer relations between Egypt and the European Union, calling Egypt an “absolutely necessary strategic partner” for the 28-member bloc on issues like energy, migration and combatting extremism. He said “Our vision is that the discovery of hydrocarbon deposits in the wider region becomes a catalyst for wider cooperation in the eastern Mediterranean, contributing to regional peace, stability and prosperity.”
Egypt and Cyprus have in the last three years aimed at forging closer ties as part of a relationship built largely on energy cooperation. Source : AP Pipe Industry Co., Limited (www.wilsonpipeline.com)
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