• 4 minutes Nord Stream 2 Halt Possible Over Navalny Poisoning
  • 8 minutes America Could Go Fully Electric Right Now
  • 11 minutes JP Morgan says investors should prepare for rising odds of Trump win
  • 4 hours US after 4 more years of Trump?
  • 20 mins Famine, Economic Collapse of China on the Horizon?
  • 2 hours Something wicked this way comes
  • 2 hours Why NG falling n crude up?
  • 3 hours Permian in for Prosperous and Bright Future
  • 3 hours Oil giants partner with environmental group to track Permian Basin's methane emissions
  • 2 days Daniel Yergin Book is a Reality Check on Energy
  • 3 days Gepthermal fracking: how to confuse a greenie
  • 3 days YPF to redeploy rigs in Vaca Muerta on export potential
  • 1 day The Perfect Solution To Remove Conflict Problems In The South China East Asia Sea
  • 4 hours Top HHS official takes leave of absence after Facebook rant about CDC conspiracies
  • 6 hours Biden NOW says he supports Fracking
  • 2 days Open letter from Politico about US-russian relations

Global Intelligence Report - 30th November 2018

Global Intelligence Report - 30th November 2018

Sources

- Turkey’s National Security Council

- Turkish general, ex-NATO

- Top aide to Turkish deputy foreign minister

- Saudi figure close to Shura council member

- U.S. advisor in Saudi equities, who has relationships with senior people in KSA

Turkey: The Cyprus Calm Before the Storm

Turkey will conduct a two-pronged strategy to stop or at least slow down Greek Cypriot oil and gas exploration. According to a civilian member of Turkey’s National Security Council (MGK), the body confirmed in its meeting on Nov. 27 that it would pursue legal means, including diplomacy, first. In this regard, Ankara will step up efforts to persuade Italy and France that their companies’ bids in “one-sided” drilling of energy resources off Cyprus will have more negative consequences for their national interests than positive ones. “We are also looking into all options in international law,” the source said.

On the other hand, a four-star Turkish general who had roles at NATO—and whom our sources believe is pegged to become the new Deputy Defense Minister of Turkey--said the second level of Ankara’s strategy is military.

The MGK has decided to deploy more warships to prevent Greek Cypriot drilling without Turkey’s approval. Multiple sources in Ankara also stress that Turks are in back-channel talks with the Israelis to solve the…




Oilprice - The No. 1 Source for Oil & Energy News