Anastasiades Offers Turkey Energy Revenues, Wants Warships Removed

March 27, 2018

NICOSIA — Cypriot President Nicos Anastasiades said he’s willing to share potentially lucrative revenues from newly-beginning oil and gas exploration with Turkish-Cypriots occupying the northern third of the island but wants Turkey to remove warships aimed at blocking foreign energy companies to drill off the coast.

Turkey doesn’t recognize much of Cyprus’ Exclusive Economic Zone (EEZ) and President Recep Tayyip Erdogan sent warships there stop drilling, succeeding in forcing an Italian company rig to veer off, reportedly under the threat of being sunk.

But US oil giant ExxonMobil has gone ahead in an area where it has a license after ships from the US Sixth Fleet conducted naval exercises nearby, which the US government said was a sheer coincidence.
European Union leaders – joining with the US – said Cyprus has a right to look for energy but Erdogan discounted that and said he’ll send Turkish research vessels to look in the same waters and that Turkish-Cypriots should take part in the operations.

He said Turkey’s argument that it’s acting to safeguard the interests of breakaway Turkish Cypriots in the ethnically split country’s natural resources is a “cover” to achieve its goal of controlling the east Mediterranean’s hydrocarbon reserves and to act as a prime energy supplier to Europe.

Anastasiades said Turkish-Cypriot rights are fully protected because any proceeds from the gas deposits belong to all Cypriots even those who are living in the part that was unlawfully occupied during a 1974 Turkish invasion.

Relations have soured in the wake of collapsed reunification talks that fell apart in July, 2017 at the Swiss resort of Crans-Montana after Anastasiades said he couldn’t accept Turkish demands to keep an army on the island and the right to militarily intervene.

(Material from the Associated Press was used in this report)


NICOSIA - Natural gas from the Aphrodite field off Cyprus could be exported by 2026, Energy Minister Natasa Pilides said, telling a parliamentary committee there are a number of options.

Top Stories

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.


A. Diamataris on “ERT” Regarding Mitsotakis’ Visit to the U.S. (Video)

ATHENS – Antonis H. Diamataris, Advisor to the Publishers of Ethnikos Kirix and The National Herald, appeared on Greek state television, in particular, on ERT1’s show ‘From Six’.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.