North Cyprus News | Online News for North Cyprus

Turkey plans oil exploration off South Cyprus

Turkey plans oil exploration off South Cyprus

July 22
16:26 2013

Trouble may be brewing following the announcement made by the Turkish Minister of Energy Taner Yildiz that Turkey will search for gas and oil in the exclusive economic zone claimed by South Cyprus.

The Turkish Cypriot Press And Information Office sent out a bulletin on Friday reporting that Yildiz said: “We are planning to make seismic studies also in South Cyprus in an area of 10 thousand 500 kilometers. First area of study of our Barbaros Hayrettin Paşa ship shall be in South Cyprus.”

Minister of Defence Fotis Fotiou has responded that Turkish threats will not change South Cyprus’ plans as regards its energy policy.

“Cyprus acts in the framework of international law and no threat, or blackmail will hamper the implementation of our plans on the energy sector. The message is clear: The only thing such actions can do, is to destabilize the region”, he said.

Last week, the South Cyprus parliament approved amendments to existing legislation on the continental shelf, allowing South Cyprus to designate security zones around installations in its self-declared exclusive economic zone.

Turkey has long disputed South Cyprus’ declaration over the EEZ as it says that part of that area belongs to Turkey’s continental shelf.

 

Local Weather

Kyrenia, Cyprus
13°
13°
Wed
12°
Thu
8°
Fri
13°
Sat
Weather from OpenWeatherMap

Lira Exchange Rates

USD
USD
3.7942
EUR
EUR
4.6453
GBP
GBP
5.3035

Upcoming Events

  1. Whirling Dervish

    January 23
  2. Whirling Dervish

    January 24
  3. North Nicosia Walking Tour

    January 24
  4. Kyrenia Market

    January 24