The President of the European People`s Party (EPP), Wilfried Martens, has reacted strongly to statements by Turkish officials against EU member Cyprus regarding the start of oil and gas exploration by Cyprus. ``I am very surprised by the recent statements of Turkish officials against an EU member state, said Martens. Turkey, an EU candidate country must refrain from threats against an EU member state that also undermine EU`s energy security,`` underlined the EPP President.
Turkish threats over Cyprus plans to start oil and gas exploration in its exclusive economic zone (EEZ) by the American contractor `Noble` have escalated over the past weeks. The Eastern Mediterranean area is believed to have a massive amount of natural gas resources.
Turkish threats over Cyprus plans to start oil and gas exploration in its exclusive economic zone (EEZ) by the American contractor `Noble` have escalated over the past weeks. The Eastern Mediterranean area is believed to have a massive amount of natural gas resources.
``Needless to say, Cyprus is a European pillar of stability in the eastern Mediterranean and, as such, will play a central role in bolstering EU`s energy security,`` a state news agency report quoted Martens as saying.
Cyprus has signed a production-sharing contract with Houston-based Noble Energy. The company has a concession to explore for hydrocarbons in an offshore field in its Exclusive Economic Zone, south-east of Cyprus, known as Block 12.
Cyprus has signed a production-sharing contract with Houston-based Noble Energy. The company has a concession to explore for hydrocarbons in an offshore field in its Exclusive Economic Zone, south-east of Cyprus, known as Block 12.