The restrictive measures imposed involved in illegal mining of hydrocarbons in the Eastern Mediterranean.
The leaders of the member countries of the European Union endorsed the decision of the EU Council to impose sanctions against Turkey for its drilling operations in the exclusive economic zone of Cyprus. This is stated in the statement of the EU summit.The restrictions would fall all natural and legal persons responsible for the illegal production of hydrocarbons in the Eastern Mediterranean.
“The EU welcomes the decision of the Board taken in connection with the illegal drilling by Turkey’s activities in the exclusive economic zone of Cyprus and reaffirms its solidarity with Cyprus,” – said in a statement.
In may Ankara is engaged in exploration in the Mediterranean sea, which angered European countries. In July, the EU decided to reduce financial support to Turkey and suspended the negotiations on the agreement on air communication.
Their actions Turkey explains agreement concluded in 2011 between the national oil company, Turkiye Petrolleri and the government of the Turkish Republic of Northern Cyprus (TRNC). But EU, this explanation is not satisfied, because the sovereignty of TRNC is recognized only Turkey. Turkey, however, has promised to continue drilling.
Earlier it was reported that the cost of discovered deposits of natural gas off the coast of Cyprus, is 30-40 billion. Field Glaucus-1 in the Cypriot Block 10 has deposits of approximately 5-8 trillion cubic feet of gas. It is the third largest gas field open for the last two years.
In turn, Turkey threatened Cyprus over exploration of gas fields in the Mediterranean sea.