Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Turkey to launch oil exploration in East Med soon under pact with Libyan government

by Daily Sabah with Wires

ISTANBUL May 29, 2020 - 5:44 pm GMT+3
Turkey's first drilling vessel Fatih sails under July 15 Martyrs Bridge, formerly known as the Bosporus Bridge, as it leaves for the Black Sea, Istanbul, Turkey, May 29, 2020. (AA Photo)
Turkey's first drilling vessel Fatih sails under July 15 Martyrs Bridge, formerly known as the Bosporus Bridge, as it leaves for the Black Sea, Istanbul, Turkey, May 29, 2020. (AA Photo)
by Daily Sabah with Wires May 29, 2020 5:44 pm

Turkey may begin oil exploration in Eastern Mediterranean within 3-4 months as part of an agreement with the Libyan government, Energy and Natural Resources Minister Fatih Dönmez said Friday.

Speaking at a ceremony to mark the launch of Turkey's first drillship Fatih oil-and-gas drilling ship to the Black Sea, Dönmez said Turkish Petroleum (TPAO), which had applied for an exploration permit in the Eastern Mediterranean, would begin operations in areas under its license after the process was completed.

"Within the framework of the agreement we reached with Libya we will be able to start our oil exploration operations there within three to four months," the minister said.

On Nov. 27, Ankara and Libya's U.N.-recognized Government of National Accord (GNA) signed two separate pacts, one that encompasses military cooperation and the other maritime boundaries of the two countries in the Eastern Mediterranean.

The maritime pact asserted Turkey's rights in the Eastern Mediterranean in the face of unilateral drilling by the Greek Cypriot administration, clarifying that the Turkish Republic of Northern Cyprus (TRNC) also has rights to the resources in the area. It went into effect on Dec. 8.

Dönmez earlier this month said that TPAO has applied to Libya for an exploration permit in the Eastern Mediterranean, stressing that the exploration would begin as soon as the process is completed.

Turkey's first drillship, Fatih, set sail from Istanbul's Haydarpaşa Port for a drilling mission in the Black Sea.

The minister said that Fatih's 103-meter long towers were disassembled in Haydarpaşa port to enable the vessel for safe passage under the bridges through the Bosphorus and is projected to reach Trabzon in northeastern Turkey on June 1 to be reassembled.

"After completing nearly 1.5 months preparation period, Fatih will start its first drilling in the Black Sea in the Tuna-1 location in mid-July," Dönmez said.

Turkey will continue to carry on offshore exploration studies which are vital for the country's energy independence, he added.

"Yavuz continues its operations in Selçuklu-1 location in the Mediterranean Sea, which marks the 7th deep drilling activity that is conducted in the area. Barbaros Hayrettin Paşa and Oruç Reis seismic vessels are also exploring our seas," he said.

In May 2019, Turkish-flagged drillships began offshore drilling operations in areas off the coast of Cyprus. The areas fall entirely within the Turkish continental shelf registered with the U.N. and in permit licenses that the Turkish government in previous years granted to Turkish Petroleum.

Ankara has on every occasion vowed it wants to see energy as an incentive for political resolution on the island and peace in the wider Mediterranean basin, not a catalyst for further tensions.

Turkey is a guarantor nation for the TRNC and has consistently contested the Greek Cypriot administration's unilateral drilling in the Eastern Mediterranean, asserting that the TRNC also has rights to the resources in the area.

Turkey's third drillship, Kanuni, arrived in Taşucu, Mersin, a coastal city in the Mediterranean region of the country on March 15.

Following the completion of renewal and upgrade studies, Kanuni, which joined the fleet at the beginning of 2020, is also projected to start operations in the Mediterranean Sea this year, according to Dçnmez.

The country plans to conduct five drills in the Eastern Mediterranean this year, according to Turkey's Annual Presidential Program for 2020.

"Our two seismic and two drilling vessels will continue to work in the Eastern Mediterranean at full capacity. With Fatih's sail to the Black Sea, we now bridged the most important gap," the energy minister said.

In 1974, following a coup aimed at the annexation of Cyprus by Greece, Ankara was forced to intervene as a guarantor power on the island. In 1983, the TRNC was founded.

The decades since have seen several attempts to resolve the Cyprus dispute, all ending in failure. The latest, held with the participation of the guarantor countries – Turkey, Greece and the U.K. – came to an end without any progress in 2017 in Switzerland.

  • shortlink copied
  • Last Update: May 29, 2020 8:34 pm
    KEYWORDS
    oil exploration libya cyprus issue eastern mediterranean natural resources natural gas exploration
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    When world's eyes turn to Gaza: Dying from hunger and bombs
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021