FMs of Cyprus and Hungary to sign energy agreement

Minister of Foreign Affairs and Trade of Hungary, Péter Szijjártó, will pay a visit to Cyprus on December 14, during which he will hold talks with Foreign Minister Nikos Christodoulides, with whom he will inaugurate the Embassy of Hungary which will open in Nicosia.

CNA has learned that Christodoulides and Szijjártó will also sign an agreement on energy cooperation.
Apart from the energy issue, the two Ministers will also discuss developments in the Cyprus problem, EU affairs and the bilateral relations between Cyprus and Hungary.

Szijjártó paid a short visit to Cyprus last October during which he held a meeting with Christodoulides. The Hungarian Minister said after the meeting that they agreed that the two countries would sign an agreement on energy cooperation.

According to news portal Hungary Today, he also noted that Cyprus can play an important role in energy security for central Europe because significant gas reserves have been found around the island, adding that “we plan to work together in order to get Cyprus exploit its gas reserves and transport some of its gas to central Europe, possibly over a pipeline, considering that liquid gas capacities in the region are still very modest.”

Cyprus, an EU member state since 2004, has been divided since 1974, when Turkish troops invaded and occupied 37% of its territory.

source: CNA