Following the Cypriot government’s decision to invite companies to bid on block 7, a new energy exploration zone off the island’s coast ,Turkey’s foreign ministry issued a statement condemning the Greek-Cypriot side’s action.
“The decision by the Greek-Cypriot government is proof that the equal rights and interests of the Turkish-Cypriot side with regard to the island’s natural resources continue to be ignored,” the statement said adding that this action “violates the rights of our country stemming from international law.”
Stressing that “the Turkish-Cypriot community are co-owners of the island”, the ministry declared that any exploratory activities can only take place with Turkey’s permission warning to take all the necessary measures to protect its rights.
Ankara went on to say that it will not allow any third party to conduct exploratory activities for the development of hydrocarbon fields in the region.
At the same time, Judith Gail Garber the main nominee for the position of US ambassador to Cyprus said that hydrocarbons can serve as a catalyst for increased regional cooperation and an incentive for a Cyprus settlement while addressing the US Senate Committee on Foreign Relations.
“This is an important time for Cyprus, a country situated at the crossroads of Europe, the Middle East, and Africa. It is at this place that US national interests in anchoring the Euro-Atlantic Alliance, securing the Eastern frontier, and stabilizing the South intersect,” Garber said describing Cyprus as “a valued friend and important strategic partner with whom the US cooperate on a range of priorities, including counterterrorism, maritime security, and law enforcement.”
Referring to the discovery of natural gas in the Eastern Mediterranean, including in Cyprus’ offshore waters, Garber noted that this discovery has expanded possibilities for increasing regional energy security through diversification of resources, routes, and suppliers.
“We have emphasised our support of the Republic of Cyprus’ right to develop hydrocarbon resources in its Exclusive Economic Zone. We also believe the resources should be shared equitably between both communities within the context of an overall settlement,” she said.
Exploration rights could lead to highly lucrative finds as the natural gas reserves in block 7 are estimated to be giant.
“Hydrocarbons have the potential, if managed correctly, to be a catalyst for increased cooperation, for enhanced regional stability and prosperity, and should serve as an incentive to a Cyprus settlement. If confirmed, I would seek to build upon this potential.”
In spite of the Greek side’s efforts and the US stance Turkey rejects exploration deals struck between the Greek Republic of Cyprus and third parties, which it says are an infringement of their citizens’ rights blocking exploration vessels from operating in the region.