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Turkey says EU funding cuts will not affect its drilling off Cyprus

Energynomics

European Union decisions to curb funding for Turkey over its drilling for gas and oil off Cyprus will not affect Ankara’s determination to pursue energy activities in the region, the Turkish foreign ministry said on Tuesday.

Turkey has told energy firms not to work with the Cypriot government and sent ships to drill off the island, divided since a Turkish invasion in 1974, according to Reuters.

EU foreign ministers on Monday suspended negotiations on the Comprehensive Air Transport Agreement and agreed not to hold the Association Council and further meetings of the EU-Turkey high-level dialogues for the time being.

It also endorsed a proposal to reduce the pre-accession assistance to Turkey for 2020 and invited the European Investment Bank to review its lending activities in Turkey, notably with regard to sovereign-backed lending. “The decisions will not affect in the slightest our country’s determination to continue hydrocarbon activities in the Eastern Mediterranean,” the Turkish Foreign Ministry said.

It said the EU’s failure to mention Turkish Cypriots in its decisions “showed how biased and partisan the EU is on the subject of Cyprus”.

Autor: Energynomics

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