Turkey warns Greek Cypriots, oil companies against offshore energy grab

11 Jul 2017   Cyprus, Israel, Turkey

Turkish President Tayyip Erdogan makes a speech at the 22nd World Petroleum Congress in Istanbul, Turkey, July 10, 2017. REUTERS/Murad Sezer Turkey warned Greek Cypriots on Friday not to make a grab for energy reserves around the divided island and President Tayyip Erdogan told oil companies to be careful they did not lose a “friend” by joining in. Talks to reunite the ethnic Greek and Turkish sides of Cyprus collapsed in anger and recrimination in the early hours of Friday, marking the end of a process many seen as the most promising in generations to heal decades of conflict. Prime Minister Binali Yildirm, speaking at an energy conference in Istanbul, called on Greek Cypriots to refrain from taking “one-sided measures” after talks failed. It was a clear reference to plans by the internationally recognized Greek Cypriot government to exploit potential hydrocarbon deposits around the Mediterranean island. The government has […]

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