Sunday, 18 August 2019
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Global News

Turkish Foreign Ministry says European sanctions will not prevent Ankara from continuing oil and gas exploration in the Mediterranean

Ankara will continue to explore hydrocarbons in the Mediterranean Sea, despite the decision of the European Union to suspend the dialogue at a high level, the Ministry of Foreign Affairs of Turkey said in a statement.

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Turkish Foreign Ministry says European sanctions will not prevent Ankara from continuing oil and gas exploration in the Mediterranean

Ankara will continue to explore hydrocarbons in the Mediterranean Sea, despite the decision of the European Union to suspend the dialogue at a high level, the Ministry of Foreign Affairs of Turkey said in a statement.

“This decision will have no affect in any way,” the statement said.

"Turkey will continue to defend its rights and the rights of the Turkish Cypriots, as well as intensify its activities in this aspect,” the statement said.

In the exclusive economic zone of Cyprus, where gas fields are found, there are two Turkish drilling vessels: Fatih and Yavuz. Greece and Cyprus calls it a provocation. Turkey believes that it has the right to natural resources in the region.

On the eve of the Council of the European Union imposed the first sanctions in response to the drilling, which Turkey leads in the territorial waters of Cyprus:

-suspended high-level dialogue

-canceled meetings of the Turkish-EU Association Council,

-reduced aid in 2020,

-recommended that the European Investment Bank revise its loan decisions for Turkey,

-instructed to continue work on options for sanctions.

 

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