Hudswell wrote: ↑Tue May 15, 2018 5:04 pm
I suspect it is more of a "veiled" threat that there is the potential for a "security" incident if the two sides do not come to an agreement over "rights" in the area..
The 2 sides ............ are they the ROC & Turkey or the ROC & The Turkish Republic of Northern Cyprus, or is there any difference?
What the ROC needs to recognise is that the oil and gas on the sea bed should actually belong to both the GC and TC peoples living on this island and that all of them should benefit from the results when/if this asset can be extracted from the sea.
Also as Erdogan has pointed out the best and most economical way of extracting and then distributing this would be via the main pipeline which passes through Turkey en route to Europe. In this case a pipeline from Cyprus to Turkey would be required to carry the oil or gas to link up with the existing pipeline. Much cheaper and easier to build.
The new East Med pipeline which has been talked about now for several years would link Cyprus with Crete before going undersea to Greece. Can you imagine how long this would take to build and how much it would cost?
The whole situation at sea off the Cyprus coast is apparently becomming more difficult and potentially dangerous the longer the present stalemate goes on.
The Govt in the south needs to carry on with the peace talks to come to a settlement of the ‘Cyprus problem’. This is 2018 and maybe its time to move on, there is no benefit to be gained for the island and its peoples if the present situation of an impase continues.
As far as I'm aware, the Government of the ROC has repeatedly stated that any proceeds derived from any gas sales will be shared by all Cypriots on reunification of the island.
Also, if reunification doesn't happen then the only real viable alternative is the creation of 2 separate states and if this were to come about how could the country in the north of the island lay claim to any energy resources south of its border (& vice versa)?
Whatever the ROC Govt says about sharing the profits on gas sales on reunification of the island doesn’t impress the Turks and the Turkish Cypriots. On 2 occasions the TC’s have been very close to achieving a settlement only for it to be scuppered at a late stage in the negotiations by the ... ROC Govt. In 2004 and again last year.
Kili01 wrote: ↑Wed May 16, 2018 1:44 pm
Also as Erdogan has pointed out the best and most economical way of extracting and then distributing this would be via the main pipeline which passes through Turkey en route to Europe. In this case a pipeline from Cyprus to Turkey would be required to carry the oil or gas to link up with the existing pipeline. Much cheaper and easier to build.
The new East Med pipeline which has been talked about now for several years would link Cyprus with Crete before going undersea to Greece. Can you imagine how long this would take to build and how much it would cost?
You don´t necessarily need a pipeline to transport gas. There are ships which can do that (compressed so that is becomes liquid). That is how the US exports their natural gas.
Kili01 wrote: ↑Wed May 16, 2018 1:44 pm
Also as Erdogan has pointed out the best and most economical way of extracting and then distributing this would be via the main pipeline which passes through Turkey en route to Europe. In this case a pipeline from Cyprus to Turkey would be required to carry the oil or gas to link up with the existing pipeline. Much cheaper and easier to build.
The new East Med pipeline which has been talked about now for several years would link Cyprus with Crete before going undersea to Greece. Can you imagine how long this would take to build and how much it would cost?
You don´t necessarily need a pipeline to transport gas. There are ships which can do that (compressed so that is becomes liquid). That is how the US exports their natural gas.
No. Compressing gas needs a multi-billion euro facility. Turkey has one.
There seems to be some defining problems. Compressed Natural Gas (CNG) can be transported by pipeline, tanker, but is usually stored at up to about 250 atmospheres in cylindrical (sometimes spherical) pressure tanks. Pipeline pressures are lower (50-100 atm). Liquid Natural Gas (LNG) is almost always stored in double-walled spherical tanks at -165°C and near-atmospheric pressure.
Compressing NG requires only an ad hoc compressor which costs a few thousand dollars. Liquefaction of NG is an expensive technology using multiple refrigeration techniques and also requires a regasification ('deliquefaction') facility at the other end, which is also expensive.
Devil wrote: ↑Thu May 17, 2018 4:53 pm
There seems to be some defining problems. Compressed Natural Gas (CNG) can be transported by pipeline, tanker, but is usually stored at up to about 250 atmospheres in cylindrical (sometimes spherical) pressure tanks. Pipeline pressures are lower (50-100 atm). Liquid Natural Gas (LNG) is almost always stored in double-walled spherical tanks at -165°C and near-atmospheric pressure.
Compressing NG requires only an ad hoc compressor which costs a few thousand dollars. Liquefaction of NG is an expensive technology using multiple refrigeration techniques and also requires a regasification ('deliquefaction') facility at the other end, which is also expensive.
True, liquefaction is not cheap, but neither is building a pipeline. Plus you can ship LNG to wherever market conditions are most attractive wheras you can´t change the path of a pipeline. If you need even better arguments: I own a few shares of a company running LNG vessels
The east-west pipeline which crosses Turkey already takes gas to various countries in Europe, since not all countries have a coastline, a piped supply may be the best option.Also for countries who are major customers for gas, such as the north European countries a piped supply which can be stored is convenient for them especially through the long winter.
Think of it this way, Erdogan dose not want the ROC to develop the oil and gas fields.
Why! This would made the ROC an oil producing country and with oil and gas comes power.
Also Cyprus could then become a member of OPEC gaining more allies from the Middle East and I don’t think Erdogan would want to take on the Arab States.
This would also reduce the dependence on the east west gas pipeline in Turkey!
All your arguments just show how necessary a settlement of the Cyprus problem is but on fair and equitable terms for both sides. No settlement and the oil and gas will stay where it is.Otherwise the impasse and the stalemate which the island is used to will continue?
But H I C, don’t they all want and encourage there to be a settlement in Cyprus? Probably the main supporters of a continued non settlement in Cyprus are Russia and of course the Greek Orthodox church in Cyprus each for its own reasons.
HIC, yes, I agree with you about that! Sadly, with a flawed education system here each successive generation of children are being indoctrinated at an early age....