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Letter from Lhasa, number 331. The Economic and Geopolitical importance of Eastern Mediterranean gas

Letter from Lhasa, number 331.The Economic and Geopolitical importance of Eastern Mediterranean gas fields for Greece and the EU

by Roberto Abraham Scaruffi

Bruneton, A., E. Konofagos, and A. E. Foscolos,The Economic and Geopolitical importance of Eastern Mediterranean gas fields for Greece and the EU,http://www.pytheas.net, Acropolis, Nicosia, Cyprus, January 2012.

(Bruneton 2012).

Alain Bruneton

Elias Konofagos

Anthony E. Foscolos

In its second page, this paper is qualified as “A scientific document that attempts to prove that there must be enough hydrocarbon deposits in the South-Eastern Mediterranean to satisfy the EU needs for probably the rest of the century.”

It is republished from a top management advisory firm in Nicosia, Cyprus. It was firstly published, in June 2011, by the Technical University of Crete.

“The estimated Greek hydrocarbon deposits complete the European energy puzzle as they contribute to a now more than possible (long-term) scenario that envisages an Israel-Cyprus-Greece-Italy pipeline network, dictating a transit route that avoids non-EU countries and thus guaranteeing an uninterrupted energy supply source for the EU, of the EU.” (Bruneton 2012, p. 3).

The paper quotes various data about the Levantine Basin. What it does not tell is that Iran has considerably more natural gas reserves, about 33 trillion m3 proved reserves, according to theCIA World Factbook. A gas pipeline could easily reach Lebanon, as already planned, but also Turkey, Greece and the whole Europe. Even more natural gas reserves are in the Arab peninsula. 45 trillion m3 summing the ones of Qatar, Saudi Arabia and the UAE.  

It is precisely since the planned gas pipeline Iran-Iraq-Syria-Lebanon that the Western powers and their Arab clients have armed terrorist gang for destroying Syria, as well as they are striking in Iraq, in addition to the Anglo-American traditional aggression against independent Iran.  

Will they do the same against the planned Trans-Saharan (from Nigeria to Algeria, through Niger) gas pipeline project, if and when it will be really built, even if the Nigeria natural gas proved reserves are ‘only’ about 5 trillion m3?

If one looks at the map of this paper on the Trans-European gas pipeline one will discover that the planned gas pipeline Israel-Cyprus-Europe will follow an impossible path. Why? Because oil and natural gas are more in Greek Cyprus, not in the Turkish Republic of North Cyprus, declared in 1983 and recognised only from Turkey.

In 1974, the Turkish army occupied more than one third of Cyprus for protecting the 18% of Turkish Cypriots. Clearly, the Cyprus government, ‘Greek’, and so anti-Turkish, is well decided to avoid para-Turkey Cyprus and Turkey. 

http://business.financialpost.com/2013/08/29/israels-natural-gas-reserves-reshape-middle-east-dynamics/?__lsa=ff46-d741

On 1 May 2004, Cyprus entered the European Union still divided, although Turkish Cyprus did not officially exist. On 1 January 2008, Cyprus joined the euro area. The EU acquisitions apply only to the areas under the internationally recognized government. They are consequently suspended in the Turkish area, although individual Turkish Cypriots documenting their eligibility for the Republic of Cyprus citizenship legally enjoy the same rights accorded to other citizens of EU.

Greeks are too obtuse for accepting a banal ethnic secession. Will oil and natural gas dissolve these obtuse nationalism, xenophobia and Islamophobia? Until now, it does not seem so. What will happen if and when Turkey will fully join the EU and the euro area?

Finally, the UE would be safer, also from the energetic point of view, incorporating Russias inside it and inside the euro area,aliasinside theGreat Germany. Russias would have substantial benefits although they should recognise German supremacy, until Germany will be the most developed and central area of the EU.

Of course, this paper does not deal with geopolitical aspects. Its purpose is to ‘sell’ Cypriot hydrocarbons. It is anyway rich of geological information with relative elegant maps. 

Bruneton, A., E. Konofagos, and A. E. Foscolos,The Economic and Geopolitical importance of Eastern Mediterranean gas fields for Greece and the EU,http://www.pytheas.net, Acropolis, Nicosia, Cyprus, January 2012. 

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Atualizado em: Ter 3 Set 2013

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