Election blow to Cyprus gas prospects
The emergence of a new Turkish Cypriot leader with close ties to Ankara is likely to worsen offshore tensions
A mid-October election in the tiny self-declared state of Northern Cyprus—recognised only by Turkey—is not, in global terms, a major event. But the outcome could have a significant impact on the future of the island and the exploitation of hydrocarbons in Cypriot waters. The successful candidate and new president of the breakaway Turkish Republic of Northern Cyprus (TRNC), Ersin Tatar, is a nationalist with strong support from Turkey’s president Recep Tayyip Erdogan. Unlike Tatar’s predecessor, who backed the idea of Cyprus being reunified on a federal basis, the new incumbent favours a two-state solution. “We deserve our sovereignty and our independence,” he says. Overnight, one side in the
Also in this section
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America
25 February 2026
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true






