September 19, 2011
During the last two months relations between Turkey and Cyprus have worsened to an extent unheard of for years. In the most recent days, Turkish politicians have gone the point of threatening with naval force in case the Cypriot government would go ahead with drilling for gas in its economic zone and, even worse, the EU with breaking off relations in case Cyprus were to assume the routine presidency of the EU in the second half of 2012.
What seems to lie behind this “war of threats” that P.M. Erdogan had started in late July, is the discovery of substantial gas reserves in the Eastern Mediterranean, with Israel, Palestine, Lebanon and Cyprus putting up stakes for their respective economic zones.
The gas reserves do not appear to stretch to the southern shores of Turkey.
The only way for Turkey to profit from them would be through obtaining international recognition of the Turkish Republic […]