President Christofias spoke about prospects of a large and long-term economic growth, from which many generations will profit. “Cyprus is entering the European energy map”, he stated, adding that “the discovery of natural gas should be an incentive to find a solution to the Cypriot problem, which will end the occupation and will contribute to the prosperity of Greek and Turkish Cypriots.
President Christofias urged Turkey to avoid actions that would constitute a danger for peace in the region and asked them to respect international treaties and contribute to the reunification of the country.
The Cypriot President also announced that it will take further drilling to utilize the deposit and announced the preparation of new drilling in another Cypriot EEZ.
It is characteristic that the CSE recorded gains of 34% last week, while after Noble’s announcements, there were liquidations recorded for collection of profits.