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Cyprus Launches Second Offshore Licensing Round, Turkey Objects

Published on Monday, 20 Feb 07:00 am

The long-anticipated second Cyprus licensing round materialized on 11 February in the EU gazette, followed by a visit to Nicosia on 16 February by Israeli Prime Minister Benjamin Netanyahu for talks on Israel-Cyprus energy cooperation. Turkey, meanwhile, remains unhappy with Cyprus’s determination to explore for hydrocarbons in its offshore territory and warns foreign companies away.
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