The Council of political leaders to discuss Akinci’s proposal for the co-management of natural gas

The Council of political leaders to discuss Akinci’s proposal for the co-management of natural gas

We hope they will view it positively, Turkish Cypriots say

It’s expected to be rejected

By Michalis Michael

The Council of political leaders convenes today in Limassol, during which the President of the Republic of Cyprus, Nicos Anastasiades, will inform the political leaders about developments in the Cyprus issue in the light of the proposal by Turkish Cypriot leader Mustafa Akinci for the co-management of the natural resources, as well as the Turkish illegal activity in the Cypriot EEZ. So far, Nicosia has not officially commented on the Akinci proposal, and it is expected that there will be a formal position after today’s session in Limassol.

Competent sources say that it is very important for political leaders to be informed with all the seriousness that is required and that there will be a position on the Akinci proposal after the meeting. The proposal was handed over to President Anastasiades last Sunday by the head of the Office of the Special Representative of the UN Secretary-General in Cyprus, Sergiy Illarionov, as announced by the Presidency of the Republic, and provides that:

-The settlement of the issue of hydrocarbons will not affect the existing political and legal positions of the Turkish Cypriots and Greek Cypriots regarding the overall settlement of the Cyprus problem.

-The two parties should avoid issuing permits for exploration in “disputed” areas.

-The two communities should be represented equally in the committee under the aegis of the UN and with the EU as an observer.

-The committee will be composed of two representatives from each community and will make joint decisions. Two independent experts may take part in the meetings as observers. The companies that will be active in the EEZ will be agreed by both communities.

-The first meeting of the Commission will agree on the rates of revenue distribution from the activities of companies (outside “disputed” regions).

– Future exploration and exploitation activities and the transfer of resources to other markets will be agreed, jointly.

– A significant portion of revenue (to the Hydrocarbons Fund) to be allocated to resolve property and finance development projects that will help equate the level of development of both sides.

However, according to information so far, the proposal will not be accepted by the political leaders, and in the best of cases there will be a counter-proposal.

We hope they will examine the proposal with the necessary sensitivity, says Burcu

The expectation that the Greek Cypriot leadership is assess with the required sensitivity the new proposal of the Turkish Cypriot leader to President Anastasiades on the subject of hydrocarbons, was expressed by spokesman, Barış Burcu, in a written statement.

According to information from the occupied areas, Burcu states that as a “presidency we wish the proposal submitted in a constructive and honest approach to be faced in the same manner”.

This proposal, he added, contains the creation of a joint committee, an idea that the Turkish Cypriot leader had long ago set as a way out. “The proposal that has been tabled since 2011 for a joint committee has been prepared in a comprehensive way with more details, taking into account the developments that have taken place since then”. In the preparation of this proposal, consultations were made, he noted, either with the “government” of “trnc”, as the called the pseudo-state , or with Turkey.

Barış Burcu reiterated Akinci’s position that the Eastern Mediterranean region should be transformed from a field of tension and controversy into a field of cooperation and made this proposal with a view to bringing about convergence, taking into account both the escalating developments and the conditions we are in, and he wants – according to his spokesman – to “discuss it at the meeting they will have soon”./ibna