EU Threatens Turkey with Sanctions over Cyprus Drilling

By Gabriela Baczynska
Thursday, July 11, 2019

The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's "illegal" drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows.

In trying to take Ankara to task over what the EU sees as Turkish interference with Cyprus' exclusive economic zone, the bloc is walking a thin line, careful not to antagonize an important partner.

"Despite our best intentions to keep good neighborly relations with Turkey, its continued escalation and challenge to the sovereignty of our Member State Cyprus will inevitably lead the EU to respond in full solidarity," Donald Tusk, president of the European Council of ministers, said on Wednesday.

On Thursday, national envoys in Brussels were discussing a joint decision to punish Turkey, a draft of which said:

"In light of Turkey's continued and new illegal drilling activities, the (EU) decides to suspend negotiations on the Comprehensive Air Transport Agreement and agrees not to hold further meetings of the high-level dialogues for the time being."

"The Council endorses the (European) Commission's proposal to reduce the pre-accession assistance to Turkey for 2020 and invites the European Investment Bank to review its lending activities in Turkey, notably with regard to sovereign-backed lending," it said.

It added that the EU would be ready to introduce more restrictive measures against Turkey should Ankara continue drilling.

In 2014-20, the EU was due to give Turkey 4.45 billion euros ($5 billion) for political reforms, agriculture and other projects to help it prepare for eventual membership of the bloc.

But last year, Brussels took away 175 million euros in protest at what it saw as deteriorating human rights in Turkey. The EU has said Ankara under President Tayyip Erdogan is moving further away from the bloc.

But, as the bloc needs Turkey in matters such as security and migration, an EU diplomat involved in the latest discussions told Reuters any future sanctions would be limited.

"It would only be targeting people linked to these specific illegal activities. We're trying to calibrate that carefully because we need Turkish cooperation on migration, NATO, countering terrorism."

"Some member states rely on Turkey for energy transit so we must tread carefully. Don't expect any wide economic sanctions."

Ankara on Wednesday rejected Greek and EU criticism that Turkish drilling off Cyprus was illegitimate. On the divided island, an internationally recognized government is part of the EU but Turkey backs a breakaway area.

While Nicosia was pushing for tougher language on sanctions, some other EU states were wary of shutting down all high-level channels of communication with Ankara, diplomats said, meaning the draft decision could still change.

The EU depends on Turkey to keep a lid on migration from the Middle East to Europe, but the relationship has soured over Erdogan's crackdown on critics following a failed coup in 2016.

The EU has frozen Turkey's long-stalled membership talks as well as negotiations on upgrading their customs union, accusing Erdogan of widespread violations of human rights.


($1 = 0.8875 euros)

(Additional reporting by Alexandra Regida and Robin Emmott; Editing by Edmund Blair and Dale Hudson)

Categories: Regulations Offshore Energy Shallow Water Legal Drilling Activity Europe

Related Stories

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Seadrill Secures Offshore Drilling Deals Across Four Countries

Murphy Oil Finds More Oil Offshore Vietnam, Côte d'Ivoire

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair

SBM Offshore Taps Chinese Contractor for FPSO Topside Modules

Current News

TotalEnergies Inks 15-Year LNG Supply Deal with China's Jiangsu Guoxin

Baker Hughes Sets Up Global Network to Bolster Mature Oil and Gas Fields Production

Valaris Secures $600M in New Contracts as Backlog Rises to $4.8B

Production Restart at Australian Offshore Fields Boosts Jadestone's Oil Output

Aramco Targets Hormuz Bypass with East-West Pipeline Expansion

ADES Lands New Offshore Drilling Rig Deals in Angola and Indonesia

Shell to Exit Australia's North West Shelf Project in $1.45B Deal with XRG

Aramco Third Quarter Profit Up 35% Despite War Disruptions

Eni, Petronas JV Brings Indonesian Offshore Gas Field Online

CNOOC Set to Restore Production at Major South China Sea Gas Field

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com