N.Cyprus issues drilling license to Turkey's TPAO

TRNC Prime Minister Irsen Kucuk stressed that the TRNC was determined to protect its rights on the island's continental shelf.

N.Cyprus issues drilling license to Turkey's TPAO

The Council of Ministers of the Turkish Republic of Northern Cyprus (TRNC) decided on Thursday to issue a license to the Turkish Petroleum Corporation (TPAO) for the exploration of oil and natural gas in coastal territories of the TRNC.

In an extraordinary meeting held on Thursday, the TRNC Council of Ministers discussed the Continental Shelf Delimitation Agreement signed between Turkey and the TRNC on Wednesday in New York and developments pertaining to oil and natural gas.

In a statement made after the meeting, TRNC Prime Minister Irsen Kucuk stressed that the TRNC was determined to protect its rights on the island's continental shelf.

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Last Mod: 23 Eylül 2011, 11:25
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