NATURAL GAS OFF THE COAST OF CYPRUS: A BLESSING OR A CURSE?
Significant developments concerning natural gas are unfolding on both sides of Cyprus. While research activities have begun for a proposed natural gas pipeline linking Turkey with the north of the island, agreements have been signed in the south for infrastructure aimed at bringing the first gas from the Kronos field into production by 2028. Is it a coincidence that these developments are taking place at the same time? It seems unlikely. The growing activity in the Eastern Mediterranean, whether directly or indirectly, must also be viewed against the backdrop of the ratification of the maritime delimitation agreement between Turkey and Libya. A NAVTEX (navigational telex) has been issued for the planned natural gas pipeline between Turkey and Northern Cyprus, with research and underwater operations scheduled in the designated area between October 26 and December 31. First, it is worth examining the technical details of the project. A Memorandum of Understanding was signed...