Cyprus

Cyprus and Turkey tense over gas drilling

There is a massive reservoir of oil in the far east part of the Mediterranean, and Cyprus just happens to be perched atop it. Cyprus is independent and Greek run however a large amount Turks live there in a northern Turkish section which puts tension between them and Turkey. Because of the economic opportunity that oil presents Turkey wants to have a larger say in the Turkish half of the state.

The money drives the incentives and tension. Turkey initially had control of Cyprus and some of Turkey feel that they deserve the state. Now that the looming eventuality of wealth due to gas has arisen a compromise must be met. The two states have made agreements and set boundary lines for gas drilling out in open waters. This is the first step towards international peace and economic welfare between the two.

Liberal

http://www.hurriyetdailynews.com/n.php?n=turkey-to-continue-cyprus-gas-drill-2011-10-03

http://www.bbc.co.uk/news/world-europe-15037774

October 12, 2011 at 02:37 am