Middle East Economic Survey

VOL. LIV

No 40

3-Oct-2011

cyprus/EAST MEDITERRANEAN/TURKEY

Offshore Exploration To Continue, Says Cyprus, As Turkish Ship Enters Republics EEZ

The Republic of Cyprus on 26 September said it will continue its offshore hydrocarbon exploration program and hold a second licensing round in the future as Turkey maintained pressure on Nicosia to stop work being carried out by Noble Energy in Block 12. Cyprus government spokesman Stefanos Stefanou said Nicosia had weighed...