Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

REGIONAL

Cyprus Warns Investors Against TPAO East Mediterranean Block Offer

The Foreign Ministry of the Republic of Cyprus on 4 April issued a statement warning prospective investors not to participate in Turkeys offer regarding Block 4321 in the northeast Mediterranean Sea, stating that it will take any necessary action to protect is interests against any trespassers under international law.

The Turkish Petroleum Corporation (TPAO)...