×
×
Policy & Regulation

Positions hardening in Cyprus offshore drilling dispute

A meeting in Berlin on 25 November will aim to address the dispute over drilling offshore Cyprus, but the chances of a speedy resolution remain slim A meeting in Berlin on 25 November will aim to address the dispute over drilling offshore Cyprus, but the chances of a speedy resolution remain slim.
By James Gavin 14 November 2019 Europe & Russia / Exploration & Production 0 34791
The Yavuz drillship at port in Turkey. (PA)

The dispute over gas-rich waters offshore Cyprus will be discussed at a meeting of the Greek- and Turkish-Cypriot presidents of the divided island, set to be convened in Berlin on 25 November by UN Secretary General Antonio Guterres.

The meeting between Cypriot President Nicos Anastasiades and Turkish-Cypriot leader Mustafa Akinci may suit Turkey, which refuses to recognise the legitimacy of Cyprus's exclusive economic zone (EEZ) without an agreement to share hydrocarbon resources between the two communities. It wants to resolve the issue through a comprehensive settlement...