In Europe’s frantic search to end its dependence on Russian energy, there’s an untapped resource: The waters around Cyprus.
Yet a decades-old conflict between Turkey, Cyprus and Greece — rooted in Turkey’s 1974 invasion of Cyprus — is stymying efforts to explore and extract any natural gas lying beneath the Mediterranean Sea.
Turkey wants a say in how any profits are made off the island’s riches, ensuring the benefits flow to the Turkish Cypriot community. Ankara also wants any gas in the region to run across its territory en route to Europe. Athens, meanwhile, supports plans to move gas via Cyprus and Greece.