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10-10-2018 13:04 | Read 133 times

TRNC to launch natural gas exploration

Greek Cypriot administration’s opening of tenders for gas exploration at 7th block draws criticism.

TRNC to launch natural gas exploration

By Murat Demirci (AA)

The TRNC and Turkish Petroleum will launch their natural gas exploration program on the island’s southwest, Deputy Prime Minister and Foreign Minister Kudret Özersay said on Tuesday.

Speaking to Anadolu Agency, Mr Özersay, said the Greek Cypriot administration’s opening of tenders for foreign energy companies for natural gas exploration in the seventh block located in the so-called exclusive economic zone is “unlawful,” as it is an attempt to rob the rights of Turkish Cypriots.

"As Republic of Turkey and TRNC, we will not let Greek Cypriot administration take foreign companies in the seventh block," Mr Özersay said.

"TRNC and Turkish Petroleum will do their own research and protect our rights in the seventh block," he added.

There are 12 blocks for natural gas drills around south of the island. The relatively small Aphrodite gas field is estimated to hold 127 bcm in capacity.

The block 7 is one of the blocks located in the unilaterally declared exclusive economic zone and Greek Cypriot administration wants to invite foreign energy firms for natural gas exploration.

 

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