Don't miss

Replay


LATEST SHOWS

#TECH 24

Medtech: Repairing the human body

Read more

ENCORE!

Jennifer Lawrence on why she's unafraid to speak out

Read more

#THE 51%

Hola "Ellas Hoy" - The 51 Percent welcomes its sister show on FRANCE 24 Spanish

Read more

YOU ARE HERE

A stroll through the Corsican city of Calvi, jewel of the Mediterranean

Read more

REPORTERS

The torment of Christians living in Syria’s Khabur valley

Read more

FOCUS

'Generation Merkel' yearns for continuity and stability

Read more

DOWN TO EARTH

Amazon rainforest pays heavy price for Brazil's political crisis

Read more

EYE ON AFRICA

Presidential election re-run pushed back to October 26th

Read more

IN THE PAPERS

War of unknown words: Kim Jong-un calls Trump a 'dotard'

Read more

Europe

Turkey to sign oil, gas deal with Shell

Text by News Wires

Latest update : 2011-11-16

Turkey’s energy minister said Wednesday his country is hoping to sign a deal with Shell next week for oil and gas exploration. The move comes after the Cypriot government struck a deal with US energy firm Noble for gas exploration off Cyprus.

AP - Turkish Energy Minister Taner Yildiz says the country is hoping to sign a deal with Shell next week to explore for land and offshore oil and gas resources.

Turkey has recently carried out seismic search for fuel sources in the Mediterranean in retaliation for a Greek Cypriot search, which Turkey opposes on the ground that it undermines the rights of Turkish Cypriots.

U.S. firm Noble Energy said Tuesday that exploratory drilling off the coast of Cyprus may yield between 3 to 9 trillion cubic feet of natural gas.

It is not clear where a joint search with Shell would concentrate but Turkey and Greece also have long-running disputes over delineating the Mediterranean and Aegean seas for exploration.
 

Date created : 2011-11-16

  • TURKEY

    Turkey to begin oil exploration amid Cyprus tensions

    Read more

  • CYPRUS-TURKEY

    Turkish ship sets sail for controversial oil exploration

    Read more

  • CYPRUS

    Cyprus offshore drilling begins despite Turkish threat

    Read more

COMMENT(S)