Turkish President Recep Tayyip Erdogan on Tuesday warned that “reckless” oil and fuel exploration within the jap Mediterranean was a hazard for Cyprus and Greece, a day after two European vitality giants bid for brand spanking new licences.

Turkish President Recep Tayyip Erdogan on Tuesday warned that “reckless” oil and fuel exploration within the jap Mediterranean was a hazard for Cyprus and Greece, a day after two European vitality giants bid for brand spanking new licences.

Erdogan in current weeks has stepped up his rhetoric in opposition to vitality exploration off Cyprus, which has been divided between the internationally-recognised Greek southern portion and the breakaway Turkish north for over 4 a long time.

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Ankara objects that such exploration deprives Turkish Cypriots of the island’s offshore assets and analysts worry the present tensions danger turning into a significant standoff.

“The reckless behaviour of Greece — supported by European states — performing along with the Greek Cypriot administration is a hazard and above all a menace to themselves,” Erdogan informed ruling celebration lawmakers in Ankara.

His feedback come a day after Cyprus stated vitality giants Total and Eni collectively bid for an additional licence to discover and exploit oil and fuel reserves off the island.

“We will use our rights below worldwide legislation and conventions to the top. And we’re decided to place of their place anybody who needs to cease us,” Erdogan warned.

“Profiteering is fallacious. Profiteering in worldwide relations is way worse,” he stated.

The Total and Eni bid got here regardless of earlier warnings by Erdogan to overseas oil firms in opposition to vitality exploration off EU member Cyprus.

In November, he described those that defy Ankara on the problem as “bandits of the ocean” who would face an analogous response as its foes in Syria.

Turkish forces nonetheless occupy the nation’s northern third after invading in 1974 in response to a Greek navy junta-sponsored coup geared toward uniting Cyprus with Greece.

The northern a part of the island was declared the Turkish Republic of Northern Cyprus (TRNC), recognised solely by Ankara. UN-sponsored efforts to reunify the island haven’t been profitable.

The Turkish overseas ministry has beforehand stated the pure assets round Cyprus “belong not solely to the Greek Cypriot facet, however to each side”, warning it might take all mandatory measures to guard its rights in coordination with the northern half.

Analysts have warned that the state of affairs is extraordinarily flamable and, in February, a drilling ship contracted by ENI to discover off Cyprus deserted its mission after Turkish warships blocked its path.Source: www.macaubusiness.com

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