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Cyprus News Agency: News in English, 07-02-06

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

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


CONTENTS

  • [01] USA - CYPRUS - OIL DEPOSITS

  • [01] USA - CYPRUS - OIL DEPOSITS

    The US State Department has reaffirmed its view that the oil controversy in connection with Cyprus points to the need for a settlement of the islands long standing political problem. In a statement issued after Monday`s daily briefing outlining the US position regarding oil exploration in the continental shelf off Cyprus, State Department Spokesman Sean McCormack said that the US policy has not changed, noting that a final settlement will enable all Cypriots to benefit from the island`s resources.

    Any dispute here is between the Republic of Cyprus, those countries that have signed agreements with Cyprus and Turkey. The United States is not a party to these agreements. The State Department has no recommendations as to whether American companies should participate in the bidding process, the statement notes.

    "The controversy, however, points to the need for all parties to focus on re-starting the UN`s good offices mission to forge a comprehensive Cyprus settlement that reunifies the island into a bi-zonal, bi-communal federation. The next step should be to implement the agreement brokered by Under Secretary General Gambari July 8, 2006``, the State Department statement concludes.

    Turkey has

    reacted with

    threats to

    agreements signed

    by Cyprus

    with neighboring

    countries regarding

    the exploration

    and exploitation

    of possible

    oil reserves

    or natural

    gas in

    the sea

    area off

    the island. Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third.


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