Electricity

Northern Cyprus ratifies energy agreement with Turkey

Photo: YouTube/NewsBeat Social

Published

January 20, 2017

Country

Comments

0

Share

Published:

January 20, 2017

Country:

Comments:

0

Share

The unrecognized Turkish Republic of Northern Cyprus has ratified an agreement with Turkey on the construction of an underwater electrical cable.

The protocol, which includes cooperation in electricity, oil, natural gas, and renewable energy, was voted on by the 50-member Assembly of Northern Cyprus. It was approved with votes of 39 MPs while four rejected the protocol and seven members did not participate in the vote.

Turkey and the TRNC signed an energy protocol on the sidelines of the 23rd World Energy Congress (WEC) on October 11 last year. The agreement includes the renewal of electricity infrastructure, development of electricity supply security, the construction of interconnected system, mutual cooperation on renewable energy, the application of energy regulations as well as exploration of new oil and natural gas resources.

Speaking after the Parliament vote, Sunat Atun, TRNC’s Economy and Energy Minister said that the aim of the protocol is to achieve sustainable, cheap and clean energy. He added that to achieve this, the country will be integrated with the Turkish electricity transmission system.

The minister explained that the country’s renewable energy resources will soon be offered on a tender while incentives will be given for the construction of energy production facilities.

Tufan Erhurman, the chairman of the Republican Turkish Party in the TRNC, also said the agreement with Turkey will pave the way for easier access to cheap and quality electricity on the island.

The agreement was criticized immediately after it was signed by the officials of Cyprus, who said it was yet another provocation and was not valid under the international law.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW