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License to be granted to drill on-shore in Famagusta region

28 April 2017

North Cyprus News - Drilling onshore

Minister of Economy and Energy Sunat Atun has said that the TRNC has given license to the ‘Barbaros Hayrettin Pasa’ seismic research vessel to re-launch collecting data work in the TRNC’s territorial waters as of April 20.

Explaining that the Barbaros had launched oil exploration activities on April 20, Atun stated that during a meeting he held with Turkey’s Energy and Natural Resources Minister, Berat Albayrak, they decided to launching of seismic researches (2D-3D), while at the same time they had prepared a location map and a coordination list relating to the fields where the seismic vessel will be operating.

Atun further said that they will soon give a license for onshore drilling. Recalling the exploratory drilling launched by Turkish firm (TPAO) in the Sinirustu region, Famagusta in 2011, Atun announced that they will provide a license for a second round of drilling in the area.

The license was given to TPAO after a decision was made by the council of ministers on 28 February 2011 to carry out oil and natural gas oil exploration activities. Within the framework of the agreement dated 2 November 2011 signed by Atun and TPAO, the company was given seven licenses to carry out researches offshore and one to undertake drilling on land.

The minister added that together with the drilling, they had also licensed TPAO to establish a platform in order to be able to have access and evaluate the natural resources. “The drilling works and the establishment of the platform will broaden the horizons for new cooperation in the energy field”, said Atun.

Atun said his ministry was determined to cooperate with Turkey and described as “insincere” the recent statements made by the Greek Cypriot administration on this issue.

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