Turkey Welcomes The Sea Border DemarcationDealBetween Lebanon-Israel

Turkey Welcomes The Sea Border DemarcationDealBetween Lebanon-Israel

“The aforementioned agreement also provides the basis for revenue sharing and the
management of the hydrocarbon license areas within the continental shelf of the both
countries through the third party”. The ministry also stated.
Referred to the proposals of the Republic of northern Cyprus to the Greek Cypriot side, it
is claimed in the statement as such:
“Last July, the Turkish republic of northern Cyprus made a cooperation proposal to the
Greek Cypriot side and offered to establish a joint committee for equitable revenue
sharing without causing any disruption to the international oil companies.
Recalling Ankara’s proposal for holding the eastern Mediterranean conference in 2020,
the ministry underlined that Turkey will continue to support the cooperation proposals
of the Turkish Republic of northern Cyprus in 2011, 2012, 2019 and 2022.