Cyprus to resume gas exploration despite Turkey's opposition| MENAFN.COM

Sunday, 03 July 2022 01:56 GMT

Cyprus to resume gas exploration despite Turkey's opposition


(MENAFN) Cyprus President Nicos Anastasiades said on Wednesday that his country will continue its search for off shore gas, despite strong opposition from Ankara and the nation's breakaway Turkish Cypriots, according to AP.

Anastasiades said that any new wealth generated from potential new gas fields would be shared equitably with all Cypriot citizens after unification - the island is split between the ethnic Greek Republic of Cyprus and the Turkish Republic of Northern Cyprus.

The Cypriot president also reiterated an appeal for the carrying on peace talks on condition that Turkey stops obstructing drilling south-east of the country. Earlier this month, Turkish warships had blocked a rig from the Italian energy firm Eni's ships from reaching its target.

On 13 February, a Turkish vessel collided with a Greek coastguard boat, sparking new tensions between the two NATO members.

Ankara and Athens later agreed to use "dialogue" to settle future maritime disputes.

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