• 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?
  • 1 hour Something wicked this way comes
  • 2 days Daniel Yergin Book is a Reality Check on Energy
  • 6 hours Why NG falling n crude up?
  • 3 hours Oil giants partner with environmental group to track Permian Basin's methane emissions
  • 3 days Permian in for Prosperous and Bright Future
  • 2 days Famine, Economic Collapse of China on the Horizon?
  • 3 days YPF to redeploy rigs in Vaca Muerta on export potential
  • 3 days Top HHS official takes leave of absence after Facebook rant about CDC conspiracies
  • 3 days Gepthermal fracking: how to confuse a greenie
  • 1 day The Perfect Solution To Remove Conflict Problems In The South China East Asia Sea
  • 1 hour Biden NOW says he supports Fracking
  • 2 days Open letter from Politico about US-russian relations

Cyprus And Turkey Face Off Briefly Over Natural Gas Reserves

Cyprus and Turkey had a brief spat over natural gas reserves in the Mediterranean over the weekend, with Turkish officials escorting Eni’s drilling ship away from sensitive waters, according to a new report by Shephard Media.

Cypriot officials are claiming the act violated international law because the forced move constituted military activity in the disputed area.

“We are keeping calm in order to avoid any crisis and taking all diplomatic steps necessary so that finally Cyprus' sovereign rights can be respected,” Cypriot President Nicos Anastasiades, said. “We are handling the situation by trying to avoid anything that could worsen the situation without ignoring the fact that Turkey's actions are in breach of international law.”

Turkey and Cyprus have faced-off regarding natural resources in the Mediterranean in the past, especially because of Ankara’s ongoing argument that the northern portion of the island belongs to Turkey.

The Turkish foreign ministry’s statement of the unfolding of events over the weekend reflects the vigor of the territorial claims made in 1974, during the Turkish invasion of the island nation, now a member of the European Union.

“[Cyprus conducts] unilateral hydrocarbon-related activities in disregard of the inalienable rights on natural resources of the Turkish Cypriot people, who are the co-owners of the Island,” the statement read. “This unconstructive Greek Cypriot attitude also constitutes a major obstacle to the settlement of the Cyprus issue.”

Cyprus has been in the news for its gas discoveries over the past weeks, raising Turkish eyebrows over exploitation of waters that could be considered Ankara-ruled after the border issue is resolved. Supermajors Eni and Total have made a promising gas discovery offshore Cyprus last week that confirms that the Zohr-like play, where Eni found the biggest gas deposit in the Mediterranean offshore Egypt, extends into the Cyprus Exclusive Economic Zone, the Italian group said. Eni has made a lean gas discovery in Block 6 offshore Cyprus, encountering an extended gas column with “excellent reservoir characteristics.”

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Concerned on February 12 2018 said:
    Exactly how these waters could be Turkish after "border issue is resolved"... is not explained and left to imagination.

    There is nothing to resolve. Cyprus is exploring within its EEZ as defined by international law and the treaty for the seas which Turkey did not sign and the EEZ has been delimited after treaties with neighboring countries.

    Turkey simply wants a piece of the pie...

    And for other news now the weather will be mostly cloudy

Leave a comment

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