Former Turkish Cypriot leader Mustafa Akinci comments on offshore gas resources
On November 10, 2026, former Turkish Cypriot leader Mustafa Akinci made a public statement regarding the significance of natural gas discoveries within the Cypriot Exclusive Economic Zone (EEZ). Referencing recent reports from the Minister of Energy, Akinci noted that the identified reserves amount to 20 trillion cubic feet, which, at current market values, are estimated to be worth approximately 67 billion dollars.
Akinci argued that these energy resources should be utilized as a catalyst for regional peace and cooperation between both Cypriot communities rather than as a source of conflict. While emphasizing his personal commitment to renewable energy transitions, he acknowledged that fossil fuels remain a necessity for the foreseeable future. He warned that failing to leverage these resources for diplomacy could lead to heightened tensions and potential military escalations in the Eastern Mediterranean.
The former leader expressed his hope that common interests and logic will prevail among regional stakeholders to avoid further instability. These comments were widely disseminated in local media outlets on November 11 and 12, sparking discussion about the role of energy in the future security and economic development of the island.