Cyprus woos Asian energy investors | Bangkok Post: business

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Cyprus woos Asian energy investors

Cyprus, one of the smallest countries in the European Union, says it is keen to attract investments from Asia including Asean for its growing offshore natural gas exploration and production industry.

The EU could learn from Asia about how it recovered from the 1997-98 crisis, says Cyprus Foreign Minister Erato Kozakou-Marcoullis.

“There have been some companies from this region such as Petronas which has been investing in this sector and more could participate in the near future,” Foreign Minister Erato Kozakou-Marcoullis told Asia Focus.

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