TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

EU is sitting on a treasure of gas, but Turkey won’t let it have it

Ansh Pandey by Ansh Pandey
June 11, 2022
in Europe, Geopolitics, West Asia
EU is sitting on a treasure of gas, but Turkey won’t let it have it
Share on FacebookShare on X

If the current situation persists, gas supplies can run out very soon in Europe. Wherever the Bloc is trying to secure supplies, it has been observed that the gas supply is somehow linked to Russia. What it means for Europe is Russia is its only refuge.

However, there is an untouched reserve of the European Union, which possibly may have enough gas to run the EU without any hassle.

Also Read

“If you don’t like it, don’t buy it,” India’s Foreign Minister S Jaishankar’s strong message to the US and EU, defending buying Russian oil, days before the Trump tariff deadline for India

“GERMANY WILL LEAVE THE EU!” Alice Weidel Sparks Debate Over “Dexit” as AfD Becomes Germany’s Most Popular Party

‘Trump is Very Angry at Zelenskyy’: Orbán Says After Ukraine Bombed the Druzhba Pipeline that Supplies Hungary with Oil

This area is the Mediterranean waters of Cyprus. The EU can easily set up a gas plant, drill the sea bed, and its gas supply issues are fixed forever. Then what’s bothering the EU to leave the area untouched? The answer is a long-drawn conflict between Turkey and Greece.

History of the Cyprus Waters

 A decades-old conflict between Turkey, Cyprus and Greece since Turkey’s 1974 invasion of Cyprus is the reason why EU’s efforts to explore and extract any natural gas lying beneath the Mediterranean Sea are suffering a hindrance.

Following Turkey’s invasion of Cyprus, the island was divided into two parts: a Turkish Cypriot North (which only Turkey recognizes) and Greek Cypriot South (known as the Republic of Cyprus in the EU). As a result, both the parties get indulged in a proxy war with each other whenever it comes to water disputes. So, the EU avoids getting into these kinds of conflicts.

The EU had discovered a big oil reserve in these waters, back in 2011, and for this, it had also started licensing to pipe out the gas. But, Turkey’s objection to the process led the Bloc to step back from piping out the gas. The area is still untouched.

Turkey asserted that Cyprus must abstain from any action in these waters, later on, Turkey deployed its own exploration vessels and also flanked the area by warships.

Then in 2019,  EU lashed out at Turkey over an attempt to drill out gas from these waters. The bloc imposed sanctions on Ankara for unauthorized drilling off the Cyprus coast.

PM Mitsotakis accused of 'lies,' defends Greece's migrant policy | Daily Sabah
Source- Daily Sabah

However, when the Russia-Ukraine war started, the chances that, finally EU and Turkey will drill out gas together in a move to reduce the Russian influence were at an all-time high. Even, Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan held a meeting, fueling anticipation that a consensus may be settled.

But, everything is now back to square one as Turkey and Greece are into a proxy war again. The Turkish President Erdoğan has cut off ties with Mitsotakis and Greek authorities have placed their forces on high alert, citing Turkish threats.

Read More: Their recent actions prove Turkey and Azerbaijan are planning to invade Greece 

Turkey won’t let it happen

 For Turkey, all that matters is money. If an oil extraction takes place in the area, Turkey wants a cut from the profits. In addition, Turkey also wants to ensure the benefits flow to the Turkish Cypriot community.

Ankara wants the gas to first run through its territory and only then to Europe, while EU wants the gas to just move from Greece to inside the EU.

The constant tensions in the region are also discerning energy companies from continued investment and exploration of the area. This is reeling Cyprus into a loss.

The Cypriots already put the blame on Ankara, claiming that Turkey has shown no willingness to address the energy issue or the bigger issue of discussions with the other half of the island before the 2023 elections.

In addition, Greece, Turkey, and Cyprus will all hold elections by 2023 and elections have always been a time when abuses are at at all-time high. The foul-mouthed Erdogan is also eyeing another term, despite the fact that his country is already in shambles. Erdogan will definitely play a war of words with EU over the gas drilling issue, making the matter even worse.

Read More: Turkey may not have money, but it does have a plan

15 years ago, Cyprus announced its first licensing round, and 11 years ago, the first big gas field off the island was discovered, but now it’s again an idle area. No gas is being piped out and no decision has been made on how it could be combined with other reserves in the region and shipped to the rest of Europe. The struggle for the Bloc continues.

Tags: cyprusEuropeGreeceRussia-Ukraine warturkey
ShareTweetSend
Ansh Pandey

Ansh Pandey

Associate Editor, tfiglobalnews.com

Also Read

Zelenskyy Giggles at the Mention of ‘Druzhba’, Hungarian Foreign Minister Retaliates ‘Stop Attacking Hungary’s Energy Security, this is Not Our War’

Zelenskyy Giggles at the Mention of ‘Druzhba’, Hungarian Foreign Minister Retaliates ‘Stop Attacking Hungary’s Energy Security, this is Not Our War’

August 25, 2025
China Slams Australia as “US Tool” After Hosting Dark Eagle Hypersonic Missile. Is Australia Canberra the New Frontline in the US-China Missile Standoff?

China Slams Australia as “US Tool” After Hosting Dark Eagle Hypersonic Missile. Is Australia Canberra the New Frontline in the US-China Missile Standoff?

August 25, 2025
"If you don’t like it, don’t buy it," India's Foreign Minister S Jaishankar's strong message to the US and EU

“If you don’t like it, don’t buy it,” India’s Foreign Minister S Jaishankar’s strong message to the US and EU, defending buying Russian oil, days before the Trump tariff deadline for India

August 25, 2025
"GERMANY WILL LEAVE THE EU!" Alice Weidel Sparks Debate Over “Dexit” as AfD Becomes Germany’s Most Popular Party

“GERMANY WILL LEAVE THE EU!” Alice Weidel Sparks Debate Over “Dexit” as AfD Becomes Germany’s Most Popular Party

August 25, 2025
‘West Attempts to Block Ukraine Talks, SABOTAGE Process Initiated by Putin, Trump’: Russia’s Foreign Minister Sergey Lavrov

‘West Attempts to Block Ukraine Talks, SABOTAGE Process Initiated by Putin, Trump’: Russia’s Foreign Minister Sergey Lavrov

August 25, 2025
Poland's Deputy PM Radoslaw Sikorsky Sarcastically Responds to Hungary’s FM Peter Szijjarto's Complaints Over Druzhba Pipeline Strikes

Poland’s Deputy PM Radoslaw Sikorsky Sarcastically Responds to Hungary’s FM Peter Szijjarto’s Complaints Over Druzhba Pipeline Strikes

August 24, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.