no no please don't go far east... Iran is another story
I am little surprised cause no one of you named Lebanon.
Oil field is inside international waters, according to UN Convention of Montego Bay in 1982, the countries bordering the sea have the right to establish an exclusive economic zone extending up to two hundred miles from the edge of the high seas, once delineated the boundaries, you can grant licenses to begin drilling.
Close the triangulation is not easy: Cyprus has already closed, as mentioned above, an agreement with Lebanon and one with Israel.
The most sensitive point is in the complicated communications between Tel Aviv and Beirut.
Considering that Israel is not a signatory to the Convention of Montego Bay and Lebanon as "business associates" Iran and Syria, it is easy to predict how easily the dispute that is taking place at the time point of international law , can be transformed into a dangerous detonator.
Since Israel has discovered oil fields - fifty-five miles off the coast of Haifa - for the first time the Jewish state saw an opportunity to aspire to energy independence.
Apart from small deposits of Tamar and Dalits, the real focus is the Leviathan oil field that would retain a reserve of about sixteen trillion cubic meters of gas and at least four billion barrels of oil.
Israel does not put the slightest doubt on the sovereignty over those energy resources and Infrastructure Minister, Uzi Landau, said that Israel will not hesitate to use force to protect its interests.
And on this there is no reason to doubt.
Thanks to its technological superiority and of U.S. support, Israeli experts have completed all the preliminary work could begin in 2012 and already in the extraction of oil and gas. Paul Stevens, the energy expert of the influential think tank Chatham House, believes that at this point: "Beirut will beat your feet as you will, but there's nothing I can do, " reiterating that "Israel has its military force and is ready to use it. "As if to say that the law of the jungle dominates the dialogue and the international conventions.
After saying that i am not so sure this alliance will help cyprus.