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8/19/11

Cyprus riles Turkey with oil and gas exploration plans

A dispute is brewing on the divided island of Cyprus over plans to begin oil and gas exploration in the east Mediterranean.

The Greek Cypriot government in Nicosia is planning to start drilling in six weeks, but Turkish Cypriots in the north of the island have strongly objected. They fear any potential revenue from oil and gas will be solely for the Greek side of the island.

Turkey also claims the Turkish Cypriot community has not been represented in Cyprus' drilling agreements with its neighbors. Kudret Ozersay, chief aide to Turkish Cypriot leader Dervis Eroglu, said unless Nicosia delays the start of drilling, they will start their own exploration scheme.

Cyprus riles Turkey with oil and gas exploration plans | Europe | Deutsche Welle | 19.08.2011

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