XINDE MARINE NEWS
Gibson Tanker Market Report xinde marine news 2020-09-07 09:01


Not So Turkish Delight
 
Its been simmering for a while, but the spat between Turkey, Greece and Cyprus, seems to be escalating. How has this situation come about? Turkey sent a drill ship to the Mediterranean in May 2019 where it carried out seismic surveys and exploratory drilling off the north coast of Cyprus, leading the island nation to condemn the actions as illegal. In response, the EU reduced pre-accession financial assistance to the country for 2020 by €145.8 million and halted high-level bilateral talks. Despite this, Turkey has said that the EU actions ‘will in no way affect Turkey’s determination to continue its hydrocarbon activities in the Eastern Mediterranean.’ To prove the point, Turkey deployed further drill ships to the region this year along with naval escorts.

2020 09 04 Not So Turkish Delight

Source:XINDE MARINE NEWS

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