Oral Answers to Questions Debate
Full Debate: Read Full DebateJim Sheridan
Main Page: Jim Sheridan (Labour - Paisley and Renfrewshire North)Department Debates - View all Jim Sheridan's debates with the Foreign, Commonwealth & Development Office
(12 years, 1 month ago)
Commons ChamberYes, and I hope I conveyed exactly that in my previous remarks.
8. What assessment he has made of the political consequences in the middle east of the exploration for oil and gas off the coast of Cyprus.
The discovery of oil and gas resources has the potential to bring greater prosperity and energy security to the region. We hope that all countries in the region will work to overcome their differences to develop those resources in a mutually beneficial way.
I thank the Minister for that response. He will be aware that Cyprus has moved on from olive oil to crude oil, and there are genuine concerns among all Cypriot people that the illegal occupying forces in the north may wish to assist the exploration of that oil against the best wishes of the Cypriot people. If that were to happen, what options would be open to the UK Government, given that we are a governing power and we do have a significant military presence on the island?
We have repeatedly stated publicly our acceptance that the Republic of Cyprus has sovereign rights to exploit its mineral reserves within its exclusive economic zone. We think that the prospect of the greater prosperity that would flow from the successful exploitation of hydrocarbon resources in the eastern Mediterranean is one of many reasons why it is in the interests of Cyprus—all communities in Cyprus—of Turkey and of Greece to reach a settlement to the maritime disputes in that region and a final settlement to the Cyprus question, too.