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POLITICS > Turkey warns Greek Cyprus on oil drilling ahead of Israeli PM visit

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AFP file photo

AFP file photo

Turkey warned Thursday that it will not allow under any circumstances foreign oil companies to conduct unauthorized oil and natural gas exploration and exploitation activities in the Eastern Mediterranean and will take all necessary measures to protect its rights in the areas within its continental shelf.   

Turkey’s strong worded warning came after an announcement published in the EU Official Journal dated 11 February 2012 that the Greek Cypriot administration has called for a new international tender for off-shore hydrocarbon exploration and exploitation within its so-called economic exclusive zone. 

 “We protest this unilateral step, which is both irresponsible and provocative, taken by the Greek Cypriots despite all warnings,” read the written statement made from the Foreign Ministry. Recalling that the move came amid ongoing unification talks between Turkish and Greek Cypriots, the statement repeated that this sort of explorations should have been made after parties reach an agreement and form a new partnership. 

“This situation would bring those international companies  that might be interested in bidding for this illegal tender  into confrontation with the TRNC (Turkish Republic of Northern Cyprus) and the TPAO (Turkish Petroleum Corporation) , and thus would lead to an  undesired tension in the region,” the statement said. 

February/16/2012

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Chris Green

2/19/2012 2:58:20 PM

To Mr Loucas: I say that to underestimate Turkey would be a mistake. In an analogous situation, Argentina underestimated the UK and paid a big price and will do so again! This is the Turkish continental shelf which is NOT EU, US or Russic!

Thessalonian

2/17/2012 3:12:52 PM

"Turkey warned Thursday that it will not allow under any circumstances foreign oil companies to conduct unauthorized oil and natural gas exploration..." Turkey is becoming very efficient in issuing meaningless warnings. Let's see some action. Regards

Nicholas Loucas

2/17/2012 12:48:47 PM

@ Chris, While I agree that Turkey has every right to protect her interests, Im curious as to how? Saber ratteling obviously isnt working, and militarily Turkey doesnt stand a chance against the trio of the US, EU and Russia! Wht do you propose?

Chris Green

2/16/2012 5:42:18 PM

But only because those parties want a slice of the energy pie! Of course Russia want to participate; this is why they lent Greek Cyprus money last year! Russia are buying up the island! Turkey will protect her regional interests, rightly so!

de Wit Hans A.

2/16/2012 12:44:16 PM

What not mentioned here is that the EU fully backs the Cypriots. Including the USA and Russia. The latter even interested in participating. The announcement of the new license round was made in the official EU Gazette.
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