Don't miss

Replay


LATEST SHOWS

ENCORE!

Photographer Clare Strand explores the causes and consequences of communication breakdown

Read more

IN THE PRESS

Fashion and ethics: Five years after Bangladesh factory collapse, what's changed?

Read more

FOCUS

Israel’s migrant crisis: Clear government signals, but unclear decisions

Read more

PERSPECTIVE

Plastic waste: ‘We can only tackle the problem if we work together’

Read more

MEDIAWATCH

Louis XIV's message for the British royal baby

Read more

EYE ON AFRICA

Zimbabwean nurses call off strike and return to work

Read more

THE DEBATE

Macron meets Trump: A state visit with discord on the horizon?

Read more

BUSINESS DAILY

Macron hopes for breakthrough on trade tensions during US visit

Read more

ENCORE!

Music show: Mahalia, Ariana Grande & Willie Nelson

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)