Turkish Petroleum Corporation
Following the controversial deal signed between Libya's UN-supported government and Turkey on maritime boundaries in the Eastern Mediterranean, which was condemned on Friday by European Union leaders for being in breach of international laws, officials in Athens are trying to establish exactly when and where Ankara will choose to escalate tension in the region by sending an exploration vessel t
Turkey's Foreign Ministry spokesperson Hami Aksoy has once again upped the ante with Cyprus, warning that Ankara will "give the necessary response" if Nicosia "dares" to arrest employees of the Turkish-flagged drillship Fatih that is currently conducting drilling activities off the island's west coast.
Cyprus will have a clear picture of its subsea natural resources by the end of next year during which four or five drills are expected according to Energy Minister Yiorgos Lakkotrypis.
Speaking to the House Finance committee on Monday Lakkotrypis informed the MPs that the government is currently waiting to be informed by Italian energy giant ENI on its planned drilling dates.
Expectations for a quick fix to the crisis in the Cyprus talks process appear to have come to a dead end. Turkey is reiterating that under no condition will it agree to abandon support for the equal partnership rights of the Turkish Cypriot people on - as well as off - the island, with the Greek Cypriots.