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    CyprusMail: Declaration Offers Fine Words, But Little More, Say Experts

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Summary

The Nicosia Declaration, an MoU signed between Egypt and Cyprus, doesn't ensure a lot, an energy expert has said

by: Erica Mills

Posted in:

Press Notes, Africa

CyprusMail: Declaration Offers Fine Words, But Little More, Say Experts

The Nicosia Declaration signed here this week may contain a great deal of lofty lingo, but seems to offers nothing new or tangible when it comes to energy, a leading industry expert said on Thursday.

During the talks with President Nicos Anastasiades and Egyptian leader Abdel Fatah al-Sisi, the latter reiterated Egypt’s interest in buying Cypriot natural gas.

And on Thursday, on the heels of the Nicosia three-way summit, Energy Minister Giorgos Lakkotrypis suggested a marine pipeline from the Aphrodite reservoir to the Egyptian coast was all but a done deal.

Read the full article HERE.