Cables connecting Turkey to Cyprus could provide electricity to the whole of the island for up to 50 years, the Turkish energy minister said on Wednesday. Taner Yıldız’s comments came at an event organised by the Diplomacy Reporters Association (DMD) in Ankara, where he was the guest speaker. Answering a question about energy prices in the TRNC, Mr Yildiz said he “wanted the private sector to supply electricity to Cyprus”.
He said officials in his department had been working on a “master plan” for the “whole of Cyprus” that would be able to generate electricity for “30 to 50 years”. Mr Yıldız claimed that the project, if implemented, could lead to energy prices falling “by a third”. His remarks on electricity came just two weeks after an undersea pipeline that will bring fresh water from Turkey to North Cyprus was finally completed.