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ENERGY > Gas discovery may aid Cyprus solution

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Turkish PM Erdoğan has said there is a good opportunity to end the division of Cyprus, which could boost oil and gas exploration around the island. DHA photo

Turkish PM Erdoğan has said there is a good opportunity to end the division of Cyprus, which could boost oil and gas exploration around the island. DHA photo

Oil and gas exploration around Cyprus could soon be receiving a major boost, following what Prime Minister Recep Tayyip Erdoğan termed a "good opportunity" for progress toward ending the island’s division.

“We believe that there is a lot of opportunity to reach an agreement on the Cyprus issue, and this is an area which we continue to focus on,” Erdoğan said May 16 at a news conference with U.S. President Barack Obama during a trip to Washington.

Efforts to reunite the island have repeatedly failed for a long time but Turkish officials say the election in February of President Nicos Anastasiades, who backed a 2004 U.N. plan to resolve the division, presents the best hope in years of reaching a deal.

Meanwhile on the same day, Charles Ellinas, executive chairman of the Cyprus National Hydrocarbons Company, told Reuters that there was a chance developing the gas could lead Turkey and Cyprus to bridge their 40-year differences.

“One of the reasons Turkey has been putting so much pressure on everybody is because of their own needs [for gas],” he said.

The issue was also discussed by both Turkish President Abdullah Gül and Energy Minister Taner Yıldız last week at an energy conference in Istanbul.

Gül said Turkey would welcome a new model of cooperation that could see the transfer of resources from the Mediterranean to global markets via Turkey. “I would like to once again underline here that it will benefit all parties to agree on a joint deal on the transportation of gas reserves off the island of Cyprus,” Gül said, adding that the cooperation would “surely facilitate the solution of political problems we face in this region.”

Yıldız said the Turkish government was ready for possible cooperation with Nicosia and Tel Aviv to transfer Cyprus gas reserves to global markets.

May/18/2013

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cemal ahmet

5/19/2013 9:33:05 PM

6hrs.ago-Anastasiades said the government's focus is not on restarting peace talks and tried to allay concerns over a United Nations document on the Cyprus problem that has been interpreted by some political parties as an effort to force Greek Cypriots into unacceptable concessions.Anastasiades wanted to stress that the May 29 dinner meeting would be a social function.Anastasiades threatened to pull out of the UN-planned dinner.SAME CIRCUS-DIFFERENT CLOWN.Different name-Same old crap.Surprised?

dogan kemal ileri

5/19/2013 7:58:55 PM

Bravo True Turk I endorse your every word.

Thessalonian

5/19/2013 6:10:19 PM

@Meriç Kutyar Gül. Thank you for your kindness and for a well thought post. May it serve as an affirmation that an amicable solution which can result to a win-win situation for all concerned is indeed possible. Regards

constantinos kio

5/19/2013 4:15:53 PM

who asked him ?

Baris

5/19/2013 2:32:28 PM

I support Meriç Kutyar Gül's friendly approach to Cyprus problem and to all Cypriots. TMT and EOKA-B belong in history, to a period where nationalism and violence was at large. We must remember that both sides suffered in Cyprus, not just Turks or not just Greeks. There are two possible solutions in Cyprus, either re-unification or a FRIENDLY divorce, both of which requiring compromises. The likes of TMT and EOKA-B won't take part in any of those solutions, attitude like Meriç Kutyar Gül's will.

ilker avni

5/19/2013 12:23:24 AM

@Meric kutya gul I find your ccomment very disapointing calling a fellow Turk a facists,everyone is entiled to they oppoinion,perhaps he like many Turks have reasons for not being a part of any reunion in Cyprus,who can blame those who have suffered at the hands of the Greeks,they have been many examples of the greek back stabbing,blocking Turkeys EU bid blocking EU money to Turkey another.Not wanting to live among them, does not mean a facists,2004 it was greeks voted No to liveing with Turks.

MKG

5/18/2013 8:31:22 PM

@True Turk Reading your intolerant fascist hate speech, I think also it is an anathema to even speak the same language with you. Sure, go ahead and build an organization like TMT and we'll be all glad to see your news on TV with my Turkish-Greek friends together.

cemal ahmet

5/18/2013 5:06:49 PM

No doubt,certainly there is a lot of opportunity to reach an agreement on the Cyprus issue but claimed gas discovery ( an initial find on Block-12 )and accelerated exploration efforts must not be the sole reason.Could be a hurdle on any probable resolution instead a "good opportunity" for progress toward ending the island’s division. Apparently,It's not a justifiable claim and does not add any further support to the Cyprus problems.

Baris

5/18/2013 4:50:37 PM

"Gas discovery may aid Cyprus solution". It may indeed, but I'm sure the Greeks and the Turks will find a way to make sure it doesn't.

Murat

5/18/2013 3:15:37 PM

Greek gas will help to resolve the issue as much as Greek membership in EU helped resolve the issue. What planet are these folks from?
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