Source: Hurriyet Daily News
Turkey will start its own exploration operations for natural resources in licensed areas of the Turkish Republic of Northern Cyprus, the spokesperson of the Foreign Ministry said on Nov. 18.
“We will start activities in the areas licensed by the Turkish Cypriots to Turkish Petroleum, in addition to our continental shelf,” Aksoy said in a written statement responding to a question regarding the commencement of operations by the American company ExxonMobil in the so-called Block 10 area off the island upon a license given by the Greek Cypriots.
Turkey warned that drilling by the oil company in the eastern Mediterranean would not be conducive to regional stability.
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