Cyprus-Forum.com

[Lordo]

can we wait and see the gas be brought to the surface first and perhaps it will be revealed.

when it comes to the marketing the idea of qualification adds 10 middle men worth to the price. but hey thats exactly what the american want more money for them as they will do it.

to more immediate matters anybody wishing to acquire some spare natural gas there is plenty available at very reasonable cost.

[Demonax]

Maybe they can start by baiiling out the banks and sustaining the highly paid government jobs held by GCs only, thats an imaginative way of making sure the GCs benefit more than other "citizens".

No doubt a portion of the income from gas reserves will go towards the costs of the gas infrastructure and servicing the national debt. This is inevitable and sensible. The rest will go into the Hydrocarbon Fund administered by the ROC for the benefit of all its citizens. If they follow the Norwegian model, as planned, only the interest received will be used for the state budget. This is a sensible long-term plan. The ROC will administer the fund not on the basis of which community is entitled to its 'share' but for the benefit of the ROC and the interests of its citizens.

[Lordo]

Maybe they can start by baiiling out the banks and sustaining the highly paid government jobs held by GCs only, thats an imaginative way of making sure the GCs benefit more than other "citizens".

No doubt a portion of the income from gas reserves will go towards the costs of the gas infrastructure and servicing the national debt. This is inevitable and sensible. The rest will go into the Hydrocarbon Fund administered by the ROC for the benefit of all its citizens. If they follow the Norwegian model, as planned, only the interest received will be used for the state budget. This is a sensible long-term plan. The ROC will administer the fund not on the basis of which community is entitled to its 'share' but for the benefit of the ROC and the interests of its citizens.

you can do what ever you wish with your share, honest. its when you claim it is all yours that the problem begins.

so when shit hits the fan you brave boys be in the front line.

[Demonax]

you can do what ever you wish with your share, honest. its when you claim it is all yours that the problem begins.

The gas reserves and their proceeds belong to the Republic of Cyprus and all its citizens. There are no 'shares'. The proceeds of the hydrocarbon fund will be administered ultimately by the Finance Ministry of the ROC and will benefit the development of the ROC economy. All citizens of a unified Cyprus stand to benefit including Turkish Cypriots. Of course, without a unified island Turkish Cypriots will remain isolated and will lose out. That stands to reason.

[Lordo]

you can do what ever you wish with your share, honest. its when you claim it is all yours that the problem begins.

The gas reserves and their proceeds belong to the Republic of Cyprus and all its citizens. There are no 'shares'. The proceeds of the hydrocarbon fund will be administered ultimately by the Finance Ministry of the ROC and will benefit the development of the ROC economy. All citizens of a unified Cyprus stand to benefit including Turkish Cypriots. Of course, without a unified island Turkish Cypriots will remain isolated and will lose out. That stands to reason.

welcome to the cyprus problem. enjoy

[Demonax]

you can do what ever you wish with your share, honest. its when you claim it is all yours that the problem begins.

The gas reserves and their proceeds belong to the Republic of Cyprus and all its citizens. There are no 'shares'. The proceeds of the hydrocarbon fund will be administered ultimately by the Finance Ministry of the ROC and will benefit the development of the ROC economy. All citizens of a unified Cyprus stand to benefit including Turkish Cypriots. Of course, without a unified island Turkish Cypriots will remain isolated and will lose out. That stands to reason.

welcome to the cyprus problem. enjoy

The occupation of the north of the island hasn't stopped Cyprus from joining the EU, nor has it stopped Cyprus from pushing on and developing its gas reserves. Why should it? The ROC can't hang around waiting for ever. The reserves are there and Cyprus intends to fully exploit them. And Turkey can do bugger all about it really.

[Maximus]

I have yet to read a sensible answer from the Turkish side.

The Greek Cypriots do not have to do anything and the worst Turkey can do is attack and take hostages for ransom. Who or what will she attack? Turkeys problems start if she tries to plunder gas.

The cost of Turkey not cooperating are huge.

[bill cobbett]

Be wary boys and girls... there is a bigger and hidden Turkish Game Plan in all this.

What seems to us sometimes as mindless and blind wandering from one provocation, one knee-jerk reaction to another, to another has a carefully crafted plan behind it with an end goal...

Threats and provocations to stoke up conflict... a conflict it will argue, that can only be solved by "negotiation and compromise" ... in which it will try and get the support of the usual suspects at the UN, a way of muscling in on neighbouring EEZs, if nowhere else the CY one of course.

[Maximus]

we will have to wait a see Bill but those usual suspects at the UN have a plan for Turkey too, its just that I dont think their plan is going as planned either.

Turkey chooses to put herself on the wrong side of history, always, so the cost of Turkey not cooperating in this area are huge.

[bill cobbett]

we will have to wait a see Bill but those usual suspects at the UN have a plan for Turkey too, its just that I dont think their plan is going as planned either.

Turkey chooses to put herself on the wrong side of history, always, so the cost of Turkey not cooperating in this area are huge.

Regretfully file, have to remind that Turkey has had a habit, in the past few decades, particularly over CY, of getting its own way with its usual suspect friends at the UN.

We must remain vigilant and wary.

...oh and remember that Turkey has a bigger fish to fry in all this... if it loses out on muscling in on the CY EEZ... it sets a precedent where the so far gutless other motherland might be emboldened to declare an UNCLOS EEZ in the Aegean.