Defying Turkish Threats, Cyprus Plans Full Speed Ahead Energy Drilling

(AP Photo/Petros Karadjias, FILE)

Ignoring Turkey’s warnings to stop, Cyprus’ government is planning repeated rounds of drilling for oil and gas in its Exclusive Economic Zone (EEZ) where foreign companies are licensed to work.

Turkish President Recep Tayyip Erdogan has sent two research vessels and a warship into the area and said his country will also proceed, setting up fears of a conflict, with the European Union and the United States backing Cyprus.

The island has been divided since Turkey unlawfully invaded in 1974 and occupied the northern third. With energy a game-changer, the last round of unity talks collapsed in July, 2017 at the Swiss resort of Crans-Montana.

That happened although Cypriot President Nicos Anastasiades offered to share potentially lucrative energy revenues with the Turkish-Cypriot side but Erdogan and Turkish-Cypriot leader Mustafa Akinci said they also wanted their side to take part in the licensing rights.

Cyprus Energy Minister Yiorgos Lakkotrypis said eight drillings, six exploratory and two confirmatory will be conducted in the EEZ over the next two years, without specifying where it would happen, said Kathimerini.

After the US energy giant ExxonMobil announced a big gas field find, he said the government is in the final stages of licensing for Block 7, where France’s Total has shown interest in working.

That’s a bloc where Turkey is also making claims as it hasn’t yet been licensed to any foreign company.

Turkey’s Fatih drillship currently remains anchored within Cyprus’ EEZ while the Barbaros research vessel is in Block 8, which has been awarded to Italian company Eni, which was scared off previously by a Turkish warship.

1 Comment

  1. Forget about Turkey trying to stop Cyprus oil Drilling, maybe the Greek Cypriot communities and businesses of the Island country of Cyprus may wish to stop Exxon Mobil and Anastasiades from turning Cyprus into an international Gas station owned by 7 shieks in suits?

    Nato U.S, France, Turkey and British warships with their Oil Barons are invading Cypriot territorial waters representing the most pristine waters and coastline of the entire European Union of 28 countries, and internationally acclaimed “Jewel of the Mediterranean”and collaborating with Anastasiadis to replace these waters with massive deep sea oil producing rigs and platforms to be transported by an Armada of super tankers littering these pristine waters of Cyprus which have consequences” to the Greek Cypriot communities whose livings and way of life is dependent on Tourism, fishing, boating. recreation, marine life, cultural beach and coastline, restaurant and hotel industries, fresh and untainted sea food .which is a hallmark of all Greek Islands in the Mediterranean that will be damaged by residual oil slicks, spills and out of control oil accidents!

    Just about the entire East and West Coast states of America legislatively ban any offshore oil drilling exploration and massive oil rigs placement by the people, and complied with by their elected leaders to save their livelihoods and quality of life!

    Apparently, Anastasiades does not care about the people ,only 30 pcs of silver!

Comments are closed.