29/3/17

[identity profile] luvdovz.livejournal.com
Last time this was mentioned more than 3 years ago. And now it's becoming even more topical. I'm talking about the new gas (and possibly also oil) discoveries in the Eastern Mediterranean, which could explain a lot about the ongoing geopolitical shifts in that region.

There can be no coincidence. Two important events took place just within hours apart from each other on March 17. First the Cyprus government decided to grant drilling licenses for gas and oil to several multinational energy giants: Exxon Mobil, Qatar Petroleum, Total and ENI. On that very day, Turkey announced they'd be starting a navy exercise with live rounds just a few days later in Cypriot territorial waters, just 30 nautical miles off the SW coast of the Island of Aphrodite. Turkey said their patience was running out. Much in line with a visit a month earlier by their foreign minister Cavusoglu to the Turkish part of the island, where he warned the Greek Cypriots against any unilateral actions on the oil/gas issue.


Whoever was hoping that the gas off the Cyprus shores could serve as a platform for unification and cooperation between the two communities there, was being naive. Oil and gas are much more likely to stir up conflict, and the latest events are yet another evidence of that. The tension started to escalate instantaneously after the Cypriot move on the gas. The Greek/Turkish negotiations were halted, and the leaders of the two communities started hurling accusations at each other for this failure. Turkey used the opportunity to sharpen the tone and start issuing ultimatums and threats (they've been rather active in that regard lately).

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