posted on Nov, 26 2011 @ 11:47 PM
I suggest you keep reading boony.
Russia protect Turkey? You need a history lesson. The two are rivals.
Russia protect Turkey to secure the supply none the less? Why would Russia protect Turkey and go to war with the West, for a fuel supply it does not
need? It has it's own massive oil and gas supplies.
Furthermore, Russia has already backed CYPRUS. Not Turkey, but CYPRUS.
The Russian government has publicly stated that Cyprus has every right to explore and exploit it's own natural resources, and that Russia supports
Cyprus' endeavors to do this.
Right now the Russian aircraft carrier is headed straight for the Eastern Mediterranean. A few days ago it was reported to be near Malta. It's not
far away now.
There are a few Russian destroyers docked at the Russian naval base in Syria, a stones throw away.
The Russians are reportedly going to hold military exercises with Israel in the region.
The Russian carrier is also reportedly going to dock in Cyprus.
Do you know how the Russian's paraphrase Turkey's behavior over this? "very unwise".
You have an American energy company working with an Israeli energy company(and a Cypriot energy company), to exploit natural resources.
These natural resources will be used to give Europe some energy independence. Cyprus being part of Europe and the European Union after all.
But it is interesting to note, that Russia's Gazprom has signalled it's interest in exploring two blocks, and apparently one block is reserved for
France's TOTAL energy is also interested in joining the exploration.
The waters between Greece and Israel are full of gas and oil. We are talking a massive amount that will make peoples head spin. This entire area is
virtually untouched as far as extraction is concerned. In Greece especially.
In the first round of exploration in Cyprus, in Block 12, they've found up to 9 trillion cubic meters of gas.
Remember, that is ONE single block. There are many more to be explored.
Make no mistake, Turkey has already been told via back channels that if they do anything stupid they will pay heavily.
They would not only be messing with an American energy company, a big no no since it's tied to American foreign policy, they would be messing with
Europes energy security which coincidentally is tied to American foreign policy.
American policy being to get Europe off Russian gas as much as possible with alternatives.
The best alternative for Europe right now, and into the future, is IN HOUSE reserves.
Those in house reserves are in Greece and Cyprus, as well as Israel which obviously isn't in the EU but is a friendly country.
THIS is where Europe's energy security lies.
The significance of this can not be explained in words.
And as for Greece using it's natural resources which remain untapped to eradicate it's debt, yes that's true it's possible.
BUT, the most important thing is to fix the economy, to fix government, etc, so that such a debt is never again possible. That is just as important,
if not more important then eradicating the debt.
And when I say natural resources, I don't just refer to oil and gas. Greece is rich in minerals as well especially rare earth minerals.
Greece literally is a treasure chest of natural resources waiting to be extracted.