Article 49V9S Cyprus: likely gas field find raises prospect of tension with Turkey

Cyprus: likely gas field find raises prospect of tension with Turkey

by
Helena Smith in Nicosia
from on (#49V9S)

Expected announcement by ExxonMobil of discovery off island's south coast seen as potential game changer

Tensions between Cyprus and Turkey over energy could soon come to a head, with ExxonMobil apparently poised to announce a significant natural gas find off the divided island's southern coast.

After more than three months of deep-water exploration in the eastern Mediterranean, the US firm is expected to unveil findings this week in what is being described as a seminal moment in the race to tap potentially profitable underwater resources.

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