Drilling at Gunpoint: EU Sanctions on Turkey
... drilling operations or any individual or company associated with them. Second, they will freeze the financial assets of individuals and companies involved in drilling. The EU imposed sanctions on Turkey’s drilling projects because of the Northern Cyprus issue. This perpetual issue has resulted in a dispute on the use of the shelf-based resource extraction. At present, Cyprus and Turkey are stepping up their struggle for the resources in this shelf area that is estimated to have large gas deposits....
05.02.2020