George Lakkotrypis

Gunboat diplomacy kicks in as Turks threaten drilling

Turkey has sent two ships and a submarine to monitor a drilling vessel off Cyprus, the military said yesterday, in a measure likely to increase tension.

Nicosia said the Turkish move was expected as Ankara wants to crank up the pressure over gas exploration, but will stop short of any military attack.

Greece will be the bridge between Cyprus and Israel on energy interconnections

The promotion of energy interconnections between Eastern Mediterranean countries with the European Union will be discussed in the meeting of Energy Ministers of Greece, Cyprus and Israel Energy that will be held on Wednesday in Athens, with Greece claiming to play the role of energy bridge between the two sides.

Greek Cypriot side launches new round of gas exploration

Greek Cyprus has launched a third licensing round for offshore oil and gas drilling off the Mediterranean island's southern coast.

"The decision to launch this licensing round was based on the huge interest by international companies to carry out explorations offshore Cyprus despite the energy industry's not so favorable conditions," said government spokesman Nicos Christodoulides.

Cyprus eyes gas export pipeline to Egypt

NICOSIA ? Cyprus signed an energy deal with Egypt on Monday that could see the island supplying its Mediterranean neighbor with gas.

Cyprus is keen to exploit the Aphrodite field off its southeastern coast but the reserves proven so far are not considered sufficient to make it viable for the island to develop onshore export infrastructure of its own.

Greek Cyprus eyes gas export pipeline to Egypt

Greek Cyprus signed an energy deal with Egypt on Feb. 16 that could see the island supplying its Mediterranean neighbour with gas.
      
Greek Cyprus is keen to exploit the Aphrodite field off its southeastern coast but the reserves proven so far are not considered sufficient to make it viable for the island to develop onshore export infrastructure of its own.