Turkey-Israel-Egypt-Cyprus gas cooperation scenarios
On the occasion of a new statement by the President of Turkey on the prospect of regional cooperation in the Eastern Mediterranean, in the field of energy, the Turkish newspaper "Turkiye" in an article focuses on the views of experts on the exploitation of energy deposits in the region.
The Turkish publication states that "President Recep Tayyip Erdogan's statements on energy on his return to the NATO summit have aroused curiosity. Erdogan said the new vision with countries in the region would open new doors for Turkey and said he would not announce it at this time. Hopefully, with these contacts (with neighboring countries), new opportunities for energy cooperation will emerge."
Under the headline "Gas peace in the Mediterranean, Turkey is at the center of all routes," Turkiye writes that according to experts, the possibility of cooperation on the Turkey-Israel-Egypt-Cyprus axis is being discussed.
On the whole issue, Oguzhan Akgener , head of the Turkish Energy Strategy and Policy Research Center (TESPAM), tells Turkiye that "all alternative sources pass through Turkey. Ankara can say, will you accept my policies. Turkey's positions have become stronger. Turkey can now use the energy equation in its favor in relation to its own foreign policy and pull the West more towards itself."
The Turkish expert further adds the following: "The process of re-engagement with Israel can open other doors. In light of the discoveries in the Mediterranean, about 5 billion cubic meters of gas may come from Israel right now, 20 billion cubic meters may come from the discoveries in the southern part of Cyprus. The maximum annual gas production has the potential to reach 25 billion cubic metres in the Eastern Mediterranean. Beyond that, new discoveries may be made off Lebanon or Israel. New doors are opening here."
Thus, he said, "Turkey can become the key to new discoveries. On the other hand, because of the gas shortage, the EU may intervene in Greece and 'southern Cyprus'. There are many 'win-win' possibilities in this equation."
Source: CNA
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