Middle East Economic Survey

VOL. LIV

No 33

15-Aug-2011

cyprus

Cyprus Offshore Drilling Plan Attracts Turkeys Ire

An announcement by the Republic of Cyprus earlier this month that Noble Energy will begin to drill its first well offshore Cyprus in October has caused Turkey to once again express its objection to Nicosias efforts to explore its offshore territory, and to renew threats against EU member Cyprus if it should proceed with its exploration program. US independent Noble Energy is...