Results 1 to 12 of 12

Thread: Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus

  1. #1

    Turkish Ships To Start Drilling For Oil, Gas Offshore North Cyprus

    Turkish exploration ships will soon start drilling for oil and gas offshore the northern part of Cyprus, the energy minister of the Turkish Cypriots told Turkish Anadolu Agency on Wednesday, a move that could reignite tension between Turkey, Cyprus, and Greece regarding the exploration rights off the eastern Mediterranean island.
    Turkey, which recognizes the northern Turkish Cypriot government and doesn’t have diplomatic relations with the internationally recognized government of Cyprus, claims that part of the Cyprus offshore area is under the jurisdiction of Turkish Cypriots or Turkey.
    “We will protect the rights and interests of the Turkish Cypriots and take the necessary steps on the issue of natural gas, just as we do on other issues,” Ozdil Nami, the energy minister of the Turkish Republic of Northern Cyprus (TRNC), told Anadolu Agency.
    The president of the Republic of Cyprus, Nicos Anastasiades, has proposed that the Turkish Cypriots keep their share of the oil and gas income in a special fund until a solution to the divided island of Cyprus is reached. The Turkish Cypriot energy minister Nami, however, called this proposal “irrational and illogical,” according to Anadolu Agency.
    “Turkey is the easiest, most economical and fastest route in transporting natural gas extracted in the eastern Mediterranean to Europe,” Nami told the Turkish news agency.
    Turkey will not allow other countries to drill for gas in Turkish or northern Cyprus waters in the eastern Mediterranean, Turkey’s President Recep Tayyip Erdogan warned in November, while both Turkey and Cyprus were getting ready to drill in the area where the countries have overlapping claims of maritime territories.
    ExxonMobil planned to begin drilling for oil and gas offshore Cyprus in the fourth quarter last year, while Turkey warned against exploration offshore Cyprus in what it says is ignoring the rights of the Turkish Cypriot people.
    Exxon has found a commercially viable oil reservoir in Block 10 offshore Cyprus, Greek newspaper Kathimerini Cyprus reported last week, citing sources with knowledge of the matter. Official results from Exxon are not expected until the end of this week, Kathimerini Cyprus said last week.

    https://oilprice.com/Latest-Energy-N...th-Cyprus.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



  2. Remove this section of ads by registering.
  3. #2
    Turkey will begin drilling for oil and gas with two drillships off the coast of Cyprus, according to Turkish Foreign Minister Mevlut Cavusoglu, Daily Sabah reported Feb. 21.

    The Cypriot government issued a complaint to the United Nations in January that Turkey was planning to conduct drilling operations in Cyprus' exclusive economic zone.

    More at: https://worldview.stratfor.com/situa...-minister-says
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  4. #3
    The European Union has expressed its “grave concern” about the upcoming drilling to be conducted by Turkey in the Exclusive Economic Zone of Cyprus.
    Turkey does not recognize the government in Nicosia or its agreements regarding EEZ. Ankara thinks that the right to extract gas should also be exercised by the Turkish Cypriots and also by Turkey in the case of Blocks 4, 5, 6, and 7, through which – according to Ankara – passes the Turkish maritime border (the map below).

    As KeepTalkingGreece reports, in a statement issued on Saturday, EU’s High Representative and Vice President Federica Mogherini said that the European Council had “strongly condemned Turkey’s continuous illegal actions in the Eastern Mediterranean Sea.”
    Mogherini pledged to “respond appropriately and in full solidarity with Cyprus.”

    Mogherini’s statement:
    “We express grave concern over Turkey’s announced intention to carry out drilling activities within the exclusive economic zone of Cyprus. In March 2018, the European Council strongly condemned Turkey’s continued illegal actions in the Eastern Mediterranean. In this context, we urgently call on Turkey to show restraint, respect the sovereign rights of Cyprus in its exclusive economic zone and refrain from any such illegal action to which the European Union will respond appropriately and in full solidarity with Cyprus.”


    More at: https://www.zerohedge.com/news/2019-...ing-cyprus-eez
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  5. #4
    A Turkish ship on May 3 began drilling in a disputed section of the Mediterranean Sea claimed by both Cyprus and the Turkey-recognized Turkish Republic of Northern Cyprus, prompting the United States and the European Union to issue statements calling for Turkey to stop its drilling, EUobserver reported May 6. In response to the European Union's statement, the Turkish Foreign Ministry replied on May 4 that "We will protect our own rights and interests within our continental shelf, as well as those of the Turkish Cypriots."

    More at: https://worldview.stratfor.com/situa...eign-responses
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  6. #5
    With the U.S. and the EU chiming in this weekend with their own warnings, today, Turkish Naval Forces on board the Fatih reported threats over their radios of international arrest warrants coming from the Greek Cypriot authorities if the vessel does not vacate Cyprus’ Exclusive Economic Zone (EEZ).
    As of this afternoon, the ship’s location is still in the EEZ, with Turkey refusing to budge.


    Earlier this year, a high-level Turkish government official told us that in a future standoffs over oil drilling in the disputed territory, Turkey could protect its civilian ships “with military ship”.
    Turkey is following through on a threat to start drilling in disputed waters that it made most recently in February.
    On Monday, Turkish leader Recep Tayyip Erdogan address a NATO meeting in Ankara, saying that Turkey fully expected the military alliance to support Turkey’s rights in the Eastern Mediterranean.
    A Turkish Foreign Ministry statement on the same day criticized the U.S. warning as being “neither constructive nor compatible with international law”. It also said that “the Greek Cypriot Administration’s EEZ delimitation agreements with the countries in the region are not valid for Turkey and the Turkish Cypriots, and one of these agreements violates Turkey’s continental shelf rights”.
    Turkey repeated its intention to continue its natural gas and oil drilling in the region, saying that “our drilling and seismic vessels will resolutely continue their activities in our continental shelf in the areas where our Government granted the Turkish Petroleum licenses in 2009 and 2012”.

    More at: https://oilprice.com/Latest-Energy-N...-Drilling.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  7. #6

    https://twitter.com/Ozkok_/status/1126049140071383041




    https://worldview.stratfor.com/artic...-oil-us-greece

    What Happened

    The countries of the Eastern Mediterranean are on course for some choppy waters. On May 6, Turkey said its ships would continue to explore for oil and gas in an area of the sea that Cyprus considers to be part of its exclusive economic zone. Turkey issued the statement after the United States and the European Union criticized it for sending a ship to explore for energy in a zone that Cyprus and breakaway Northern Cyprus dispute, prompting Cyprus to file international arrest warrants for the crew of the Turkish drilling ship.

    https://twitter.com/Ozkok_/status/1126060292218159105
    Last edited by goldenequity; 05-08-2019 at 07:50 AM.

  8. #7
    The president of Cyprus Nicos Anastasiades has slammed Turkey for its “unprecedented escalation of illegal action” which constitutes a “second invasion” in the eastern Mediterranean, blaming Ankara of illegally drilling inside its exclusive economic zone.
    Cyprus has this week raised the issue in an informal European Council meeting in Sibiu, Romania, with European Council President Donald Tusk planning to make official comments on the matter. EU leaders are also set to consider Cyprus' allegations during meetings at the end of May and in June, which Cypriots fear could merely be more European lip service on the matter.


    Also on Thursday UK Foreign Secretary Jeremy Hunt also expressed Britain is “concerned by Turkey’s announcement to begin drilling in Cyprus Exclusive Economic Zone,” according to Reuters. “This situation must be deescalated and all parties show restraint,” he said. “Hydrocarbons development should benefit all Cypriots and support a settlement,” the foreign secretary added.
    Both the internationally recognized Greek Cypriot government and Turkey - which occupies northern Cyprus - have overlapping claims of jurisdiction for offshore oil and gas research in the natural gas-rich eastern Mediterranean.

    Turkey says it's adhering to international law, to which Cypriot government spokesman Prodromos Prodromou responded by calling out “Turkey’s blatant and unprecedented violations” of Cyprus’ exclusive zone.
    Prodromou said that both Anastasiades’ and European People’s Party leadership “condemn the Turkish intervention (and) call on Turkey to abandon these illegal activities.” Greek Prime Minister Alexis Tsipras added that the crisis was “a European issue and not just a Cypriot one,” adding that “international law cannot be violated.”
    Turkish President Recep Tayyip Erdogan has recently been provocatively sending warships near Cypriot waters in order to ward off foreign competition to oil and gas research, according to Cypriot officials, also seeking to bar Cypriot ships and planes from freely traversing its own European recognized waters.


    More at: https://www.zerohedge.com/news/2019-...rges-eu-action
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  9. #8



  10. Remove this section of ads by registering.
  11. #9
    The Turkish government will send a second drillship to waters near Cyprus, according to Turkish Treasury and Finance Minister Berat Albayrak, Ekathimerini reported May 13. Federica Mogherini, the EU high commissioner for foreign affairs, expressed concern about the plan, calling on Turkey to respect Cyprus' sovereignty and warning that the European Union would respond "appropriately."

    More at: https://worldview.stratfor.com/situa...-waters-cyprus
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  12. #10
    ...

    Quote Originally Posted by goldenequity View Post
    Greek Cyprus issues arrest warrant for Turkish drillship Fatih’s personnel, hiking tensions
    https://www.dailysabah.com/energy/20...iking-tensions
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  13. #11
    Turkey has threatened to respond in kind if Cyprus follows through on arrest warrants for crew members of the Turkish drilling vessel Fatih and officials with the Turkish Petroleum Corporation for "illegally" entering Cyprus' continental shelf in the eastern Mediterranean Sea, the Hurriyet Daily News reported June 10.

    More at: https://worldview.stratfor.com/situa...rrest-warrants
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  14. #12
    Turkish President Recep Tayyip Erdogan on Sunday said Turkey would not back down from gas exploration in Cyprus after southern European leaders urged Ankara to stop."We continue and will continue to search in those areas that are ours," Erdogan said during a televised speech in Istanbul.
    "Someone has given an order. They will apparently arrest our boats' personnel. You will come off badly if you do so," Erdogan warned, after Cyprus reportedly issued arrests warrants for crew members of Turkey's drilling ship, Fatih, last week.
    After a summit of the southern European Union countries in Valletta, the seven nations issued a joint declaration on Friday, expressing "serious concern over actual or potential drilling activities within Cyprus' exclusive economic zone".
    They urged the EU to keep an eye on the issue "and, in case Turkey does not cease its illegal activities, to consider appropriate measures in full solidarity with Cyprus".
    The Turkish foreign ministry on Saturday said the declaration was "biased" and contrary to international law, accusing the European Union of siding with EU members Cyprus and Greece.


    Erdogan on Sunday also hit out at French President Emmanuel Macron over his support for Cyprus.
    Macron said on Friday the EU would "not show weakness on this matter".
    "What business does France have here?" Erdogan said. "Turkey is a guarantor power in Cyprus. Greece and the UK are guarantor powers as well. What are you?
    "Are you making such statements for Total? Show you have the power of attorney. So it means you have left the presidency and have now begun work as a lawyer," he quipped.
    Energy giants Total of France and Italy's ENI are heavily involved in exploring for oil and gas off Cyprus as well as ExxonMobil.

    More at: https://news.yahoo.com/erdogan-says-...152230874.html
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment



Similar Threads

  1. Environment: Offshore Drilling
    By wide awake in forum Ron Paul: On the Issues
    Replies: 4
    Last Post: 09-13-2011, 06:58 PM
  2. Drudge: Obama to allow offshore drilling
    By Rael in forum U.S. Political News
    Replies: 38
    Last Post: 05-30-2010, 08:34 PM
  3. Offshore Drilling in Brazil
    By DirtMcGirt in forum Stop Cap & Trade
    Replies: 0
    Last Post: 08-21-2009, 06:31 PM
  4. Ron Paul's Stance on Offshore Drilling!
    By rational thinker in forum U.S. Political News
    Replies: 8
    Last Post: 08-30-2008, 05:07 PM
  5. Oil Price and offshore drilling
    By american.swan in forum Economy & Markets
    Replies: 6
    Last Post: 05-12-2008, 09:53 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •