Turkey warns firms in opposition to vitality exploration with Greek Cypriot authorities

ANKARA (Reuters) – Turkey warned vitality firms on Sunday in opposition to working with the Greek Cypriot authorities in finishing up exploratory drilling within the jap Mediterranean, saying such actions might injury regional stability.

The jap Mediterranean is believed to be wealthy in pure gasoline, and makes an attempt to faucet sources there have revived tensions between Turkey and Greece, which has a protection pact with the internationally acknowledged Greek Cypriot authorities.

Turkey and Cyprus have overlapping claims of marine jurisdiction and each plan to hold out exploratory drilling this 12 months. Ankara has diplomatic relations solely with a breakaway Turkish Cypriot state within the north of the island that no different nation acknowledges.

Overseas Ministry spokesman Hami Aksoy stated exploratory drilling by Exxon Mobil (XOM.N) within the jap Mediterranean with permission from the Greek Cypriot authorities didn’t assist regional stability and would “upset some delicate balances”.

“We renew our warnings to firms taking part within the Greek Cypriots’ one-sided exploration and drilling. We remind them that sharing the pure sources of the island of Cyprus pertains to the core of the Cyprus challenge,” Aksoy stated in a press release.

“Along with our personal continental shelf, we’ll begin finishing up actions in areas the place the Turkish Republic of Northern Cyprus has given (state-run oil firm) Turk Petrolleri a license,” he stated.

Final month, Turkey complained {that a} Greek frigate had hounded a Turkish exploration ship west of Cyprus. Greece denied the cost and Cyprus accused Turkey of stirring pressure.

Breakaway north Cyprus, which is supported by Ankara, says any offshore wealth additionally belongs to its residents, as companions within the institution of the Republic of Cyprus in 1960.

The island was cut up in 1974 after a Turkish invasion triggered by a short Greek-inspired coup.

Reporting by Tuvan Gumrukcu; Modifying by Dale Hudson

Author: Maxwell C.

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