ECONOMY

Turkey suspends projects with ENI over Cyprus activities

Turkey has shelved its planned projects with Italy’s ENI over the energy company’s involvement in energy exploration in Cyprus, Turkey’s Energy Minister Taner Yildiz told reporters on Wednesday.

ENI, which was licensed by Cyprus for offshore gas exploration in January, had been involved in the Samsun-Ceyhan pipeline project to carry crude oil from the Black Sea to the Mediterranean, but that has not made any progress and may be shelved, Yildiz told broadcaster CNN Turk.

[Reuters]

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