Cyprus promises to share gas proceeds with north
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Cyprus said on Thursday it was willing to share the benefits of any gas find with Turkish Cypriots before reaching a peace deal on the ethnically split island, in an apparent attempt to calm tensions with Turkey over Mediterranean energy reserves.
Greek Cypriots and their US partner Noble Energy started drilling south of the island for gas this week, incurring the wrath of Turkey, which says such a move deprives Turkish Cypriots of their right to a share of the proceeds. (Reuters)
