• 2 minutes Rational analysis of CV19 from Harvard Medical School
  • 4 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 7 minutes Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 3 hours China wields coronavirus to nationalize American-owned carmaker
  • 14 mins Joe Biden the "Archie Bunker" of the left selects Kamala Harris for VP . . . . . . Does she help the campaign ?
  • 10 hours Open letter from Politico about US-russian relations
  • 1 day US will pay for companies to bring supply chains home from China: Kudlow - COVID-19 has highlighted the problem of relying too heavily on one country for production
  • 3 days Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 3 days China's impending economic meltdown
  • 3 hours Trump Hands Putin Major Geopolitical Victory
  • 3 hours COVID&life and Vicious Circle: "Working From Home Is Not Panacea For Virus"
  • 9 hours Oil Tanker Runs Aground in Mauritius - Oil Spill
  • 19 hours Trump is turning USA into a 3rd world dictatorship
  • 2 days Liquid Air Battery
  • 2 days What the heroin industry can teach us about solar power (BBC)
  • 3 days The Truth about Chinese and Indian Engineering

Turkey Affirms Its Claim On Cyprus Oil And Gas

Turkey will continue exploring for oil and gas in the eastern Mediterranean waters around disputed Cyprus, and “No project can be realised if Turkey and the Turkish Republic of Northern Cyprus are not involved,” President Recept Erdogan said, as quoted by Cypriot media.

“We will continue to defend the rights of Turkish Cypriots with the same dedication,” Erdogan said following a meeting with the head of the Cypriot Turks.

Turkey, which recognizes the northern Turkish Cypriot government and doesn’t have diplomatic relations with the internationally recognized government of EU member Cyprus, claims that part of the Cyprus offshore area is under the jurisdiction of Turkish Cypriots or Turkey, and they are entitled to part of the potential oil and gas resources in the area. Turkey doesn’t recognize the agreements that Cyprus has signed with other countries in the Mediterranean over the exclusive maritime zones either.

Last month, tensions between Turkey and Greece regarding the Cyprus drilling rights spiked again when Greece’s newly elected government said Turkey undermined the security of the eastern Mediterranean with its drilling operations off the Cypriot shores.

“The illegal actions of Turkey, which defy international law are placing the security of the region at risk. As such, they are absolutely condemnable,” Foreign Minister Nikos Dendias said, adding “We discussed this flagrant violation of the sovereignty and the sovereign rights of the Republic of Cyprus perpetrated by Turkey.”

A string of natural gas discoveries in the waters around Cyprus have turned the divided island into one of the new hot spots for gas, along with Egypt and Israel. Just recently, the island greenlit a consortium involving Eni and Total to drill for gas in a new part of its exclusive economic zone.

Turkey’s strong position on the issue of oil and gas suggests that internal tensions in Cyprus will continue and the newly found gas wealth will not help their resolution.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

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