Subscribe free to our newsletters via your
. GPS News .




ENERGY TECH
Turkey warns oil firms eyeing Cyprus shelf
by Staff Writers
Ankara, Turkey (UPI) Nov 5, 2012


disclaimer: image is for illustration purposes only

Energy companies cooperating with Greek Cypriot offshore drilling plans will be banned from participating in new oil and gas projects in Turkey, Ankara says.

Turkey's foreign ministry issued a statement Saturday reiterating warnings to oil companies taking part in last week's four Mediterranean Sea concessions awarded off the shore of Greek-held southern Cyprus.

The awards came as part of a second gas-licensing round launched by Nicosia in February. The U.S. company Noble is working to the south of the new blocks as part of a first-round concession.

The Turkish Republic of Northern Cyprus and Turkey itself, meanwhile, claim equal rights to the economic benefits of the whole continental shelf of the island.

After issuing a pair of warnings earlier this year, Ankara again promised economic consequences for those enabling the development of the Mediterranean field, which together with finds in adjoining Israeli waters have been estimated to hold total gross mean resources of more than 33 trillion cubic feet.

The Turkish statement called the licensed offshore blocks "disputed areas over which Turkish Cypriots also have rights," warning Italy's ENI and Total, South Korea's KOGAS and others gaining the concessions "will not be allowed to take part in new energy projects in Turkey.

"We, therefore, repeat our call to the relevant countries and oil companies to act with common sense, not to engage in activities in these areas which are disputed especially due to the Cyprus issue and to withdraw from the said tender," Ankara asserted.

Nicosia's move to grant more drilling concessions "(ignored) the rights of the Turkish Cypriots," the statement said.

Turkish Energy Minister Taner Yildiz said Friday his country may "reconsider" its investments in Eni as a result of the Cyprus dispute, the Turkish newspaper Hurriyet reported.

Declaring it "not right" to drill in disputed areas, Yildiz said, "If Eni goes into such a thing, then we will think over their Turkey investments. As you know, it has a share in the Samsun-Ceyhan [pipeline], and of course we might put this on our agenda."

Yildiz was referring to the planned Samsun-Ceyhan crude oil pipeline, which would run from Turkey's Black Sea province of Samsun to its Mediterranean hub at Ceyhan.

The Italian company is also participating in the 16 billion-cubic-meter Blue Stream system, which sends Russian natural gas to Turkey under the Black Sea, the newspaper said.

Ukraine's Novatec also was awarded a license to explore for gas in the four contiguous blocks, located north of Noble's current Block 12.

Turkey issued warnings of a military response when drilling on the first concession began last year, but none was forthcoming after Nicosia obtained the support of the United Nations -- which does not recognize Turkish-held Northern Cyprus -- and the Western powers.

Greek Cypriot Commerce Minister Neoclis Sylikiotis said the government would continue to evaluate bids submitted for the remaining blocks -- meaning another batch of licenses could be awarded in the future, the Cyprus Mail reported.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Syria rebels seize oilfield, down warplane
Damascus (AFP) Nov 4, 2012
Rebels seized a major oilfield and shot down a warplane in eastern Syria Sunday, a watchdog said, notching up new battlefield successes even as the opposition met in Qatar under US pressure for a makeover. The rebel advances in the eastern province of Deir Ezzor came as warplanes pounded their positions around Damascus and in the northern provinces of Aleppo and Idlib. State media also r ... read more


ENERGY TECH
Drought halves Kazakh grain harvest

Agriculture and food production contribute up to 29 percent of global greenhouse gas emissions

Storm-battered Haitian farm sector needs $74 million: UN

Could chloroplast breakthrough unlock key to controlling fruit ripening in crops?

ENERGY TECH
Northrop Grumman Begins Sampling New Gallium Nitride MMIC Product Line

Japan's electronics sector in race against time

Taming Mavericks: Stanford Researchers Use Synthetic Magnetism to Control Light

Near-atomically flat silicon could help pave the way to new chemical sensors

ENERGY TECH
Hypergravity helping aircraft fly further

Japan Airlines profit soars but China spat weighs

Northrop Grumman Awarded U.S. Air Force Payload Transporter System Contract

Lockheed Martin C-130J Super Hercules Variants Declared 'Mission Capable' After U.S. Air Force Testing

ENERGY TECH
Toyota hikes full-year profit target, warns on China spat

US car giants report record October in China

Hyundai, Kia to pay owners for inflated mileage

Mazda in profit, cuts sales outlook on China row

ENERGY TECH
Non-EU Swiss grapple with immigration rise

India's Wipro profits up 24%, beats forecast

China grants 95% tariff discount for Angolan exports

Iraq opens biggest trade fair in 20 years

ENERGY TECH
New three-fingered frog discovered in southern Brazil

Action needed to prevent more devastating tree diseases entering the UK

Inspiration from Mother Nature leads to improved wood

Brazil's Indians appeal for help to stop eviction

ENERGY TECH
NASA's SPoRT Team Tracks Hurricane Sandy

Sizing up biomass from space

NASA Radar Penetrates Thick, Thin of Gulf Oil Spill

Satellite images tell tales of changing biodiversity

ENERGY TECH
Low-resistance connections facilitate multi-walled carbon nanotubes for interconnects

New discovery shows promise in future speed of synthesizing high-demand nanomaterials

Graphene Mini-Lab

Strengthening fragile forests of carbon nanotubes for new MEMS applications




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement