AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Cyprus has acquired four Israeli-made drones, according to the defence ministry, amid tensions with Turkey over gas exploration in the island's waters.

Kathimerini Cyprus website said the drones, bought at a cost of $13 million in a first for the country, will be used to monitor its exclusive economic zone where international energy companies are searching for natural gas despite opposition from Turkey.

Israel's Aeronautics that makes the Aerostar Tactical UAS (TUAS), a drone with a wingspan of 8.7 metres (28 feet), contacted by AFP, would not confirm the sale, citing company policy to not divulge the identity of clients.

EU member Cyprus last week accused Turkey of defying the bloc by sending another drilling ship to operate inside its waters.

Nicosia said Turkey has sent the drill ship Yavuz inside block 7 of its exclusive economic zone and continental shelf, a zone licensed to Italy's Eni and France's Total in an agreement signed last month.

According to the Cyprus government, the area where the Turkish vessel is operating is clearly defined under international law as Cypriot territorial waters.

Washington and Brussels have urged Turkey to withdraw the vessels from Cypriot waters, with the EU imposing sanctions on Ankara.

Turkey, which has now sent three drillships off Cyprus, is opposed to Nicosia's energy exploration plans and wants a say in the development of hydrocarbons in the region.

Ankara also demands Turkish Cypriots on the divided island have their share of the profits from natural gas but argues a Cyprus solution must be found first.

Turkey has had troops stationed in the country since 1974 when it invaded and occupied its northern third after a coup sponsored by the military junta then ruling Greece.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.