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DW Business July 16, 2019 13:45:00

Im going 1st of all and lets do business whos in charge when it comes to drilling in the Worlds Largest enclosed see the mediterranean ever since trillions of cubic meters of natural gas were found off cyprus a dispute over ownership has been bubbling away between cyprus turkey and greece they all claim drilling rights the spat is worth billions of euros geologists say the deposit could hold as much as 3 and a half trillion cubic meters of fossil fuels a windfall for Energy Industries here in europe the area off the south west coast is especially contentious the European Union says only cyprus has the right to drill there but turkey is also state the claim sending several ships to hunt for gas the e. U. Has responded with sanctions which calls worthless. A warm welcome for turkeys top diplomat hes in
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Detailed text transcripts for TV channel - DW - 20190716:13:46:00

Korea s ongoing gas conflict with cyprus cast a long shadow over the meeting and the turkish foreign minister said his government would respond. that we have 3 ships there god willing we will send a 4th ship to the eastern mediterranean as soon as possible. the presence of the turkish ships and what cyprus considers its exclusive waters 1st prompted the cypriot government to raise the alarm with the e.u. last week. on monday e.u. foreign ministers meeting in brussels agreed to cut 145800000 euros in aid to turkey next year. and it s very clear that we stand behind cyprus this makes sense since we never recognize the turkish occupation of northern cyprus is normal for cyprus to want to define its own natural resources or to do conducive to. the e.u. also suspended negotiations over an aviation deal and canceled several. senior ....

Foreign Minister , South Korea , Cyprus Casta Long Shadow , Northern Cyprus , European Union , Eastern Mediterranean , Waters 1st , On Mondayeu , 145800000 Euros , Natural Resources , Aviation Deal ,

Detailed text transcripts for TV channel - DW - 20190716:16:32:00

Top diplomat he s in north macedonia on a state visit. but the e.u. s recent decision to slap turkey was sanctions over on korea s ongoing gas conflict with cyprus cast a long shadow over the meeting and the turkish foreign minister said his government would respond. why the that is are we have 3 ships there god willing we will send a 4th ship to the eastern mediterranean as soon as possible. the presence of the turkish ships and what cyprus considers its exclusive waters 1st prompted the cypriot government to raise the alarm with the e.u. last week. on monday e.u. foreign ministers meeting in brussels agreed to cut 145800000 euros in aid to turkey next year. it s very clear that we stand behind cyprus this makes sense since we never recognize the turkish occupation of northern cyprus it s normal for cyprus to want to define its own natural resources or to be conducive to. the e.u. ....

South Korea , European Union , Foreign Minister , State Visit , North Macedonia , Cyprus Casta Long Shadow , Eastern Mediterranean , Northern Cyprus , On Mondayeu , Waters 1st , 145800000 Euros , Natural Resources ,