Tag Archives: Turkey

Iran is ready for increasing the volume of bilateral trade with Turkey.

Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.

Experts estimate that the sea bed off Cyprus holds around 227 billion cubic metres of natural gas deposits.

The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.

Turkey has little of its own energy resources and is heavily dependent on Russian gas.

Turkey’s first drilling vessel. Fatih. has already started searching for gas and oil in waters considered part of Cyprus’s exclusive economic zone.

The US has continued with what it describes as a ‘maximum pressure’ policy against Iran.

The Marmara LNG terminal is owned by BOTAS. the Turkish state-owned integrated gas company.

Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.

The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.