Turkey turns up the Cypriot heat
Cyprus hopes international pressure will stop Turkish drilling in the country's offshore
Turkey has deployed two drilling vessels in the waters around Cyprus, as the Ankara regime ups the ante in another game of high-stakes militant diplomacy. One ship, Fatih, is anchored just to the west of the island. Until recently a second, Yavuz, was close to the eastern coast of Cyprus. Now, Yavuz is set to drill in Block 7 in Cyprus’ economic exclusion zone (EEZ). In September, the Cyprus government granted a licence to a consortium of Total and Italy's Eni to explore for hydrocarbons in that block. The Turkish move confirms the declared determination of the Ankara government to press its interpretation of how the waters of the Eastern Mediterranean should be shared. Turkey asserts that i
Also in this section
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind
29 April 2024
Although recent, firmer gas prices have blunted some price-sensitive demand, the overall growth outlook remains robust
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing