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New Contract Between Turkey And Azerbaijan Can Lead To Serious Tensi

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  • New Contract Between Turkey And Azerbaijan Can Lead To Serious Tensi

    NEW CONTRACT BETWEEN TURKEY AND AZERBAIJAN CAN LEAD TO SERIOUS TENSIONS WITH CYPRUS

    20:02 04/11/2014 >> POLITICS

    Turkey reached an agreement with Azerbaijan to start exploration in
    search of gas fields off the coast of the unrecognized Republic of
    Northern Cyprus, the Greek media write, as the Azerbaijani news portal
    "Haqqin.az" reports.

    The material reminds that in the disputed waters of the Mediterranean
    Sea a large amount of gas condensate fields are supposed to be. The
    search for these fields leads to serious tensions between Turkey and
    Greek Cyprus. Earlier Cyprus had attracted Israeli gas exploration
    companies. In response, Turkey demanded from Cyprus to cease those
    activities immediately. Speaking at the UN General Assembly, the then
    Prime Minister of Turkey said that if Cyprus does not suspend these
    works, his country will take all the necessary steps.

    Now, as noted in the article, the Greek media reports that Turkey and
    Azerbaijan have reached an agreement to lease two offshore platforms
    for gas exploration in the Mediterranean sea.

    According to the article, the lease agreement of the two floating
    platforms was signed between Turkey and Azerbaijan last week.

    "It is noteworthy that the Turkish state company TPAO asked the
    Azerbaijani side to provide a only one platform, but Azerbaijan
    stated about its willingness to provide two platforms at once,"
    the article reads.

    The portal notes that by providing such a service to Turkey, Azerbaijan
    hopes to get approval from the Turkish authorities on the further
    expansion of its energy projects in the country.

    However, as noted in the article, the oil platforms, offered by
    Azerbaijan, are created by the outdated technology. One of them is
    created in the 80s and may conduct exploration at depths up to 600
    meters. However, the gas field "Afrodita" is located at a depth of
    700 meters. In order to carry out explorations on the "Onasagori"
    block machinery working at a depth of 800 meters is needed.

    "In short, the equipment provided by Azerbaijan is unable to conduct
    exploration works at the desired depth," the article notes.

    http://www.panorama.am/en/politics/2014/11/04/turkey-azerbaijan/



    From: Emil Lazarian | Ararat NewsPress
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