Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

France's Plan to Tackle Racism

Read more

THE WORLD THIS WEEK

Marine Le Pen and Thomas Piketty in Time magazine's power list; EU takes on Google; Gunter Grass dies (part 2)

Read more

THE WORLD THIS WEEK

Deadly Crossing: Migrants desperate to reach Europe; Abadi in Washington (part 1)

Read more

EYE ON AFRICA

Xenophobic attacks in South Africa: anti-violence marches and anti immigration protest

Read more

FRANCE IN FOCUS

French PM outlines action plan against racism, anti-Semitism

Read more

REPORTERS

Turkey’s hidden Armenians search for stolen identity

Read more

REVISITED

Families of slain Marikana miners still demanding justice

Read more

#TECH 24

Europe vs. Google: EU accuses search giant of market dominance abuse

Read more

#THE 51%

Women in America: Land of the free, home to the less-paid

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)