Tag Archives: natural gas

Shifting Eastern Mediterranean Alliances

Shifting Eastern Mediterranean Alliances

The Eastern Mediterranean is changing fast with its estimated 122 trillion cubic feet (tcf) of natural gas reserves (the equivalent of 21 billion barrels of oil) already having an impact on regional patterns of amity and enmity.[1] With Israel and Cyprus well underway to becoming gas exporters, the problematic Israeli-Lebanese and Cypriot-Turkish relationships have been

Turkey-Israel warming could benefit Cyprus problem solution

By Elias Hazou THE recent deal between Turkey and Israel, which could lead to normalised relations between the two nations since they soured in 2010, could have a positive impact on Cyprus’ own natural gas export plans. Under the agreement reached recently in Switzerland, the countries will discuss the possibility of constructing a pipeline to

Possible research/drilling activities of the G/c sector will be prevented

Turkish daily Aksam newspaper (14.09.15-online in Turkish) reported that according to the new strategic document of the Turkish Naval Forces, Turkey will not make concessions and permit possible drilling works of the “Greek Cypriot sector”, as the Republic of Cyprus is called, in the Mediterranean. The report writes: “The unilateral efforts of the Greek Cypriot administration to

Populism, a roaring trade

A couple of hours after ENI announced  the giant – 30 trillion cubic feet – natural gas discovery in Egypt’s Shorouk Block (adjacent to Cyrpus’ EEZ block 11), the usual suspects started flooding the media with press releases and public statements. Political parties, such as Diko, Edek, Citizens’ Alliance and the Greens without having any

Anastasiades: Without Cyprus NG won’t go to Turkey or EU

Cyprus is to have an upgraded role due to the natural gas reserves discovered in the Eastern Mediterranean, President Anastasiades said in statements on Tuesday, directing a message to Ankara and the EU. “Without Cyprus gas cannot be directed towards Europe, and neither towards Turkey,” Anastasiades said at the Presidential Palace, adding that if Turkey

Eastern Mediterranean alliances: How robust are they?

Troubled relations with Turkey have deepened the alliance between three Eastern Mediterranean countries, Egypt, Cyprus and Greece. A fourth, Israel, is never too far off, with a now well-established Israel-Cyprus-Greece alliance in parallel. Even if just for the image, Egypt prefers to adopt a discreet approach in relation to Israel. After welcoming the President of

Akinci:Natural gas could create a new dynamic for solution of Cyprus problem

Turkish Cypriot daily Star Kibris newspaper (08.01.14) reports that independent candidate for the “presidential elections” Mustafa Akinci stated that the natural gas and the economic crisis faced by “south Cyprus” as he called the Republic of Cyprus, could create a new dynamic for the solution of the Cyprus problem, adding that if these issues are

#EspenBarthEide Gas and conflict don’t mix

  Published by:http://cyprus-mail.com/2014/11/30/gas-and-conflict-dont-mix/ By Jean Christou CYPRUS’ HYDROCARBONS future could end up being less lucrative without a political settlement, UN Special Adviser Espen Barth Eide warned in an interview with the Sunday Mail. After a week of contacts on the island, the Norwegian diplomat, who comes from a country known for its well-managed oil wealth,