Greek Cyprus News

Turkey, Egypt to Discuss Oil Crisis in Mediterranean

Turkish and Egyptian foreign ministers agreed to set up delegations to discuss an Egyptian-Greek Cypriot deal that paves the way for oil and gas exploration by Greek Cyprus in the eastern Mediterranean, diplomatic sources said yesterday. The agreement came during a meeting between FM Abdullah Gül and his Egyptian counterpart Ahmed Abdul Gheit. In 2005, Egypt signed a deal with Greek Cyprus to delineate their undersea borders in the Mediterranean and the limits of Greek Cyprus' continental shelf. Greek Cyprus signed a similar accord with Lebanon earlier this year. Turkey, which opposes the Greek Cypriot oil and gas exploration plans, warned the two countries to stop the agreements…