Nicosia won't stop oil search

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TiLeiOhMaleas Moderator Posts: 2333 (8/4/07 8:56 am)	Nicosia won't stop oil search Nicosia won't stop oil search Nicosia won’t be deterred from oil search Turks take their case to UN leader By Menelaos Hadjicostis NICOSIA repeated it would not be intimidated into scrapping bids for oil drilling off Cypriot shores after Ankara stepped up its campaign to halt the process with a direct appeal to UN Chief Ban Ki-Moon. Turkish daily Zaman reported that Ankara’s permanent representative to the UN, Ambassador Baki Ilkin last week sent a letter to Ban disputing Nicosia’s jurisdiction over the occupied north. He also scolded the Cyprus government for putting out the tenders in defiance of Turkish "warnings" against doing so. "Ambassador Ilkin drew Mr Secretary-General’s attention to the fact that the Greek Cypriot administration claims to be representing the entire island through its insistence on moving ahead with this tender, despite all warnings by the Turkish Cypriot side as well as from Ankara," Zaman quoted unnamed diplomatic sources as saying. Intimidation Ilkin said: "Greek Cyprus is trying to create a ‘fait accompli’ in the region" and warned that "Turkey is determined to protect its rights and interests in the East Mediterranean." Commerce Minister Antonis Michaelides said Nicosia won’t back down in the face of Turkish intimidation tactics because it knows full well that international law its on its side. "The Cyprus government won’t give into Turkey’s threats because its position is grounded in law and is fully in line with clause 83 of the Law of the Sea," Michaelides told The Cyprus Weekly. Michaelides said he takes heart in the knowledge that both US Ambassador to Nicosia Ronald Schlicher and British High Commissioner Peter Millett have made clear that Cypriot sovereign rights are indisputable because Nicosia is on the right side of the law. Several major oil companies have expressed interest in purchasing seismic data and two-dimensional charts of the Mediterranean seabed off the island’s southern coastline where ‘significant’ oil deposits are believed to lie. Phase two of the process begins August 16 when oil companies keen to tap into potentially profitable deposits will apply for exploration rights inside 70,000 sq. kms of seabed divided into 11 blocks. Estimated oil deposits are put at around 8 to 10 billion barrels. Quantity Antoniades said he’s "encouraged" by the number of oil majors that have shown interest in exploring the drilling option. But Cyprus striking it rich boils down to whether there are sufficient and easily accessible oil quantities to make drilling worth their while. "Quantity and deposit depth are the two crucial parameters," said Antoniades. Cyprus signed an agreement with Lebanon in January for the delineation of an undersea border to facilitate future oil and gas exploration, following similar accords with Egypt last year. Turkey strongly warned Egypt and Lebanon in February that the deals infringed on the rights of the Turkish Cypriots. The agreements riled Ankara to the point where Turkey’s National Security Council in June called the Cyprus government an "element of instability" in the region. It also warned that Nicosia’s "unilateral" move could stoke tensions in the region and dismissed as "invalid" what it called "attempts to take steps on behalf of the entire island". Antoniades played down the threat-mongering, saying that he doesn’t believe a country that aspires to join the European Union would move against the island militarily. But the Commerce Minister didn’t dismiss Ankara upping the war of nerves by dispatching naval vessels to the area at some point. Edited by: TiLeiOhMaleas at: 8/4/07 9:06 am
Cypriana22 Registered User Posts: 284 (8/7/07 11:35 am)	re oil Why should they? Because Turkey is bullying again? They have no right to it. Go little Cyprus ...go...
benetton2 Amicus Posts: 815 (8/7/07 4:39 pm)	Re: re oil *Quote:* They have no right to it. Care to clarify, our resident expert on International Law of the Sea? Ahristos rapping: *Quote:* a turkish majmun is raping!for nothing! i hate rap is negros slums music tam -tam aman aman i protest for turks occupation i wond to be free let me free! tam -tam cyprus free! from Attilas this is my rap song now
TiLeiOhMaleas Moderator Posts: 2343 (8/8/07 4:07 pm)	Re: re oil SHes saying Turks have no right to the oil that is around Cyprus. As much as they would like it and have began themselves looking for oil, they have no international right to it. But then again, that hasnt stopped them from making previous inhumane acts.

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