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Oil and Gas Revenue Sharing In A Federal System

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Oil and Gas Revenue Sharing In A Federal System

Postby bill cobbett » Thu Sep 29, 2011 1:37 am

:D

At risk of upsetting our other "equal community" ...

In the USA the off-shore oil/gas revenues don't all go to the central federal government.

Within 3 miles of shore, 100% of the revenues go to the constituent state.

Other than in Alaska, beyond 3 miles up to the usual max 200 miles (what are called Federal Waters) revenues are split. In the case of the oil producing Gulf States, 37.5% goes to the constituent State, the balance 62.5% to central federal government.

(102, 103, 104.... sorry, just counting chickens... sod it! Lost count... 1,2,3....)
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby Piratis » Thu Sep 29, 2011 3:10 am

In order to have a federal system everything else should also be shared fairly and proportionally. Since the TCs, who are the 18% of the population, demand over 18% of land, over 18% of coastline and over 18% of power, such federal system will never come to exist since most of us are not suckers.

When the TCs are ready to share fairly and proportionally everything in Cyprus, they should let us know. Till then, they can illegally keep an unfairly large portion of Cyprus under occupation, but we will keep the 100% of the recognition and the 100% of any natural resources found at the south of the island.

The agreement to share natural gas fairly at the federal government level came within days, which clearly shows our desire for a fair solution. On the other hand, for everything that is up to the Turks, no agreement can be made for the last 37 years because they refuse to fairly share with us anything that they illegally stole with their invasion of 1974. Also note how when it suits them (which is in most cases) the TCs insist that powers should be on the constituent states and not the central government. The only things that they accept for the central government are those few that suit them.

I think the Turkish behavior at the negotiations, together with the aggressive and hostile behavior of Turkey which is once again rising, should be highlighted by our government to clearly show who is responsible for the failure of the negotiations.
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby Hermes » Thu Sep 29, 2011 3:55 am

Strange how T/Cs are now keen on "sharing" the island's resources. Up to now they were only interested in keeping the north's resources to themselves. "Sharing" the island's resources didn't extend to allowing Greek Cypriots to reclaim the land and properties they were evicted from. Or allowing Greek Cypriots to live, invest or buy property in the north. Because the north "belonged" to the T/Cs only. And there were to be derogations from EU law to keep it that way.

Now that Turkey and the T/Cs are loudly claiming that the island's resources belong to both communities, well there's no stopping where they might go with this idea. Because the fear is that a partitioned island means that the G/Cs walk away with the gas and oil reserves. Suddenly it's in the T/Cs interests to argue for a unified federal island. Which puts Turkey in a tough spot. Because the last thing Turkey wants is a united Cyprus with GCs and T/Cs living side-by-side. Because that cuts them out of the equation.

Turkey's failed Cyprus policy is effectively exposed. Partition can't give them what they want: control over the South, its resources and a way into the EU. While a truly united island means they lose effective control of the north, their leverage over the T/Cs and any claim to the island's resources.

But at least with the latter choice they get their foot in the door of the EU as compensation and a possible role as energy partners in the area. Problem is Erdogan and Davutoglu are too dumb to take this option being caught up in their neo-Ottoman fantasies. Now their only policy is to prevent the Republic from exploiting its resources. That's the only option they've left themselves. It's not an option that's going to get them any friends or achieve anything. It's a dead end. So much for Davutoglu's strategic vision...
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby repulsewarrior » Thu Sep 29, 2011 4:16 am

...so we need a Unitary State and states.

The partnership will comprise a Federal Government with a single international personality, along with a Turkish Cypriot Constituent State and a Greek Cypriot Constituent State, which will be of equal status.


...this is Bicommunal; count them, not two but three (at least) representative bodies.

slowly, oh so slowly, this (good) idea will come around...
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby Nikitas » Thu Sep 29, 2011 8:33 am

"Since the TCs, who are the 18% of the population, demand over 18% of land, over 18% of coastline and over 18% of power, such federal system will never come to exist since most of us are not suckers."

I agree with this 100 per cent. SInce 1976 when the BBF solution was agreed by Makarios and Denktash the lack of any reference to proportionality bothered me. Over the years the GC side has declared that the proportion of territorial apportionment was not a priority and other such bullshit. It is of VITAL importance because no matter what they call it, BBF as presented so far is partition. The details of the Annan plan highlighted the fact, in fact they showed that it was more than partition, it was institutional apartheid.

Turkey has imposed this partition and ethnic cleansing on the island and its population. There can be no share of any resources of the south as long as the present Turkish Cyprus policy is in effect.

First the EU accession, now the oil prospect, and in the future who knows, hammer their policy. Personally I foresee the change in Arab countries, despite the present fasle image, will give another hammer blow to Turkey's delusions about regional hegemony. The Arabs suffered more from the Ottomans than the Europeans. King Farouk was the last remnant of the Ottoman empire and look what happened to him. The last thing the current generation of Arabs want is a regression to Faroukism. Erdo and Davut are in for a big surprise.

What puzzles me is the lack of popular demands by TC in view of the gas/ oil prospects. Perhaps the TC community is not yet able to grasp the potential of such a development and wha it means to them at the personal and communal level. Generalisations as those offered by president Christofias regarding the benefits to both communities do not do it. There must be a more attractive and understandable offer that will speak to the ordinary TC on the street, but without an y hint of bribery of the community. But it is early days, maybe there is a more detailed policy being worked out, and maybe that is what Turkey wants desperately to prevent. For instance, the ability of the RoC to cover the financing of the north in an interim period until a solution is worked out would really smash Turkish plans for Cyprus and bring about a truly democratic and European version of BBF.
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby halil » Thu Sep 29, 2011 11:21 am

I knew u will upset again with Eroglu again................. :wink: .......otherside of the coin keep telling u ....there is a always other side poster existing :!:

Eroglu proposals on natural gas :!:

Following a meeting with the United Nations Secretary General Ban Ki-moon in New York last Saturday, Eroglu told reporters the proposals contained four topics as follows:

“1. suspend the oil and natural gas exploration simultaneously until a comprehensive solution is found to the Cyprus problem.
2. If not, then set up an ad-hoc committee made up of representatives of both sides with authority to discuss issues such as explorations, agreements and licences depending on the written approval of both sides, and negotiate the ratio of sharing the richness which will be found.
3. use the income to finance the comprehensive talks.
4. Adoption of the plan shall not harm the positions of both sides.”

When asked whether the “TRNC could give authorization to explore oil and natural gas only for the north of the island after signing the agreement on the delineation of continental shelf with Turkey”, Eroglu said that the “Turkish Cypriots had rights on all underwater wealth around Cyprus island and so the TRNC had the right to give authorization both north and the south of the island”.

When asked how this process would affect the Cyprus talks, Eroglu said that “the TRNC wants to pursue talks”.
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby B25 » Thu Sep 29, 2011 11:49 am

halil wrote:I knew u will upset again with Eroglu again................. :wink: .......otherside of the coin keep telling u ....there is a always other side poster existing :!:

Eroglu proposals on natural gas :!:

Following a meeting with the United Nations Secretary General Ban Ki-moon in New York last Saturday, Eroglu told reporters the proposals contained four topics as follows:

“1. suspend the oil and natural gas exploration simultaneously until a comprehensive solution is found to the Cyprus problem.
2. If not, then set up an ad-hoc committee made up of representatives of both sides with authority to discuss issues such as explorations, agreements and licences depending on the written approval of both sides, and negotiate the ratio of sharing the richness which will be found.
3. use the income to finance the comprehensive talks.
4. Adoption of the plan shall not harm the positions of both sides.”

When asked whether the “TRNC could give authorization to explore oil and natural gas only for the north of the island after signing the agreement on the delineation of continental shelf with Turkey”, Eroglu said that the “Turkish Cypriots had rights on all underwater wealth around Cyprus island and so the TRNC had the right to give authorization both north and the south of the island”.

When asked how this process would affect the Cyprus talks, Eroglu said that “the TRNC wants to pursue talks”.


Total Bullshit, the TCs have backed themselves into a corner and now looking for pathetic excuses to get out. Which part of the occupied have you given back to its rightful owners never mind the TCs having any claim to any RoC wealth. Plonker and your mate would say.

Statements like these, the RoC should stand up in public and ut a match to them, they are total bullshit.

For 37 years everything in the north was TC, now suddently you also want everything in the south too, hade re gamo tin ratsa sas, poushto gamimeni.
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby ZoC » Thu Sep 29, 2011 12:50 pm

halil wrote:When asked whether the “TRNC could give authorization to explore oil and natural gas only for the north of the island after signing the agreement on the delineation of continental shelf with Turkey”, Eroglu said that the “Turkish Cypriots had rights on all underwater wealth around Cyprus island and so the TRNC had the right to give authorization both north and the south of the island”.


wot a load of utter bollox...
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby ZoC » Thu Sep 29, 2011 1:37 pm

halil wrote:I knew u will upset again with Eroglu again................. :wink: .......otherside of the coin keep telling u ....there is a always other side poster existing :!:


halil, u are satan's little helper. go back and suckle on his cock, like the whore bitch u've become (perhaps always been). traitor to cyprus.
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Re: Oil and Gas Revenue Sharing In A Federal System

Postby Kikapu » Thu Sep 29, 2011 2:47 pm

halil wrote:I knew u will upset again with Eroglu again................. :wink: .......otherside of the coin keep telling u ....there is a always other side poster existing :!:

Eroglu proposals on natural gas :!:

Following a meeting with the United Nations Secretary General Ban Ki-moon in New York last Saturday, Eroglu told reporters the proposals contained four topics as follows:

“1. suspend the oil and natural gas exploration simultaneously until a comprehensive solution is found to the Cyprus problem.
2. If not, then set up an ad-hoc committee made up of representatives of both sides with authority to discuss issues such as explorations, agreements and licences depending on the written approval of both sides, and negotiate the ratio of sharing the richness which will be found.
3. use the income to finance the comprehensive talks.
4. Adoption of the plan shall not harm the positions of both sides.”

When asked whether the “TRNC could give authorization to explore oil and natural gas only for the north of the island after signing the agreement on the delineation of continental shelf with Turkey”, Eroglu said that the “Turkish Cypriots had rights on all underwater wealth around Cyprus island and so the TRNC had the right to give authorization both north and the south of the island”.

When asked how this process would affect the Cyprus talks, Eroglu said that “the TRNC wants to pursue talks”.


Halil,

Eroglu has nothing to offer regarding Gas & Oil finds in the southern shores or even in the northern shores for that matter, and neither does the "trnc" has anything to offer. He is just a puppet mouth of Turkey. TCs do have rights to benefit from the Gas & Oil ONLY through the RoC as Cypriot Citizens and not through the "trnc" as "trnc citizens", what ever that may be, which eliminates ALL the Illegal Alien settlers from the equation, which also means more benefits for the TCs!

By the way, what's with Turkey and Eroglu all of a sudden referring to the TCs as Turkish Cypriots. What ever happened to "Turks of Cyprus or Cyprus Turks"? :lol:
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