Cyprus: How the huge natural gas deposits can affect the region’s geopolitics

"Kronos", "Glaucus", "Aphrodite", "Calypso" are planets, gods and muses, but also plots with trillions of cubic meters of natural gas in the Cypriot EEZ. Cyprus prefers to give names of gods of Olympus or planets, and even former presidents, to its marine plots in which exploitable natural gas is discovered, which - if one adds all these deposits - can cover not only the needs of Cyprus, but also of the whole of Europe for many years.

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But how much natural gas is "hidden" in the Cypriot EEZ, when can this be exploited and how? When might the blue flame erupt from the drill rigs - an indication that the natural gas is of high quality and ready to be extracted? Questions that need an immediate answer, now especially with the increase in price due to the Ukraine war, now that Erdogan is eyeing the Cypriot sea plots, with his four drilling rigs and with his maximalist philosophies of "blue homeland"?

Dendias slams Turkish revisionism, calls on US to support smaller countries based on international law The possible effects

In Athens, the discoveries of new deposits in Cyprus, made by oil giants, were welcomed with satisfaction, but there is also a kind of concern as to whether all this marine wealth coming from Cyprus will also have an impact on the geopolitical map of the region. Turkey, as is known, does not rule out sending its new drilling rig, the one that is now drilling in the seabed of the Turkish EEZ, to plot 6 of the Cypriot EEZ (where the new field was found) in the second phase.

Of course, the energy agreements that Cyprus signed with Israel and Egypt (under the supervision of the Americans) and the fact that the energy interests...