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Policy & Regulation

EU sanctions unlikely to halt Turkey’s drilling plans

The sanctions imposed on Monday do not seem likely to stop Ankara’s aspirations to continue drilling for hydrocarbons in the disputed waters offshore Cyprus The sanctions imposed on Monday do not seem likely to stop Ankara’s aspirations to continue drilling for hydrocarbons in the disputed waters offshore Cyprus.
By Andreas Walstad 16 July 2019 Europe & Russia / Policy & Regulation 0 34399
A helicopter flies near Turkey's Fatih drilling ship in the Mediterranean. (PA)

The foreign ministers from the 28 EU member states adopted sanctions against Turkey on Monday night over alleged illegal drilling offshore Cyprus. However, Ankara responded by saying the measures would in “no way” affect Turkey's determination to continue drilling for hydrocarbons in the area, citing the rights of Turkish Cypriots.  

“As we have repeatedly emphasised in the past, our hydrocarbon activities in the Eastern Mediterranean have two dimensions: the protection of our rights on our continental shelf, and the protection of the...