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South using hydrocarbons as a trump card

23 March 2015

A researcher at the Peace Research Institute Oslo (PRIO), has said that energy companies, exploring for hydrocarbon off South Cyprus will slow the pace of operations in order to give a chance for the solution of the Cyprus problem.

Dr Ayla Gurel of PRIO said that the three-month period of laying up the Saipem-10000 platform by ENI/KOGAS partnership and the possibility of extending this period will give some time for the solution of the Cyprus problem. “The issue of Saipem’s maintenance was made up a little bit. ENI has two more drillings to do, but due to economic reasons they want to extend these drillings for the long term”, she argued claiming that Noble Energy has “immunity” because of the presence of the USA. “As far as I understood recently, the other companies will slow down their activities”, she said.

Expressing the view that if the international players leave the Cypriots alone when the negotiations resume, finding the solution to the Cyprus problem will be difficult. Dr Gurel said that the signs given by UN Secretary-General’s Special Adviser on Cyprus, Espen Barth Eide show that the international community will force a solution in Cyprus.

Arguing that both sides should mutually make sacrifices for cooperation on the hydrocarbons issue, Dr Gurel stated that the Greek Cypriot side uses the natural gas as trump card and expects the Turkish Cypriot side to make concessions. She said that is why the Greek Cypriots will not discuss the issue with the Turkish Cypriots and prevent them from taking their share of the profits when they materialise.

Source Kibris Gazetesi

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