Cyprus presidential elections crucial for regional oil, gas development – opinion

With Russian lobbyists pressuring Europe to cast aside alternatives to Russian gas, such as nuclear energy, we saw a lopsided growth in Russia’s strategic power over Europe. However, it clearly backfired as Putin’s war on Ukraine has continued despite sanctions. Russia lost a huge market in Europe: as much as 150 billion cubic meters of gas sold annually.

Today, Turkey thinks it might be time for a decades-long dream to come true, becoming an energy hub for Europe, as this author wrote about it as early as 2010.

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