Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Political Debate Board Message Board

Turkey Ignores E.U. Demand to Cease Illegal Drilli

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 65629
(Total Views: 165)
Posted On: 07/12/2019 11:54:25 AM
Avatar
Posted By: PoemStone
Turkey Ignores E.U. Demand to Cease Illegal Drilling Off Cyprus
< >

offshore-drilling-640x480.jpg

Turkey made clear on Wednesday it has no intention of heeding a European Union warning to cease illegal drilling activities off Cyprus.

The discovery of huge gas reserves in the eastern Mediterranean has sparked a dispute between E.U. member Cyprus and Turkey, with Ankara last month sending a second ship called Yavuz to search for natural resources in the region.

“The drilling activities of our ship Yavuz are based on legal and legitimate grounds,” the Turkish foreign ministry said in a statement.

The Cyprus Mail reports the 230-meter (750-foot) Yavuz drillship dropped anchor on Monday to the south of Cyprus‘ Karpasia peninsula, a jutting northeastern panhandle. It triggered a strong protest from Nicosia and stern words from the E.U. but little else could be physically done to stop the intrusion.

In June, E.U. leaders warned Turkey to end drilling in waters around the island or face action from the bloc.

The Mail said Ankara, which does not have diplomatic relations with Cyprus, maintains certain areas in Cyprus‘ offshore maritime zone, known as an EEZ, fall under the jurisdiction of Turkey or of Turkish Cypriots, who have their own breakaway state in the north of the island which is recognised only by Turkey.

The United States and Egypt also warned Turkey against escalating tensions in the eastern Mediterranean.

The United States and Egypt also warned Turkey against escalating tensions in the eastern Mediterranean.

“The United States remains deeply concerned by Turkey’s repeated attempts to conduct drilling operations in the waters off Cyprus,” the State Department said in a statement.

“We urge Turkish authorities to halt these operations and encourage all parties to act with restraint and refrain from actions that increase tensions in the region,” it said.

E.U. diplomats meet in Brussels on Wednesday to discuss any possible sanctions on Turkey.


(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us