Trilateral co-operation amongst the Energy Ministers of Cyprus, Greece and Egypt

The Energy Ministers of Cyprus, Greece and Egypt agreed on Tuesday to establish a framework for tripartite consultations in order to facilitate dialogue and advance trilateral co-operation among them in the field of hydrocarbons for the benefit of their countries and the wider region. They also expressed their readiness to examine ways and means for the optimal development of hydrocarbons.

In a joint declaration following a meeting the three Ministers held in Nicosia, it is also noted that they had the opportunity to reiterate their shared conviction that the discovery of important hydrocarbon reserves could and must serve as a catalyst for broader cooperation on a regional level. Energy issues will be on the agenda of a meeting on Wednesday the Foreign Ministers of Cyprus and Lebanon, Ioannis Kasoulides and Gebran Bassil, respectively.