EU IMPOSES TRAVEL BAN AND ASSET FREEZING MEASURES ON 2 EXECUTIVES OF THE TURKISH PETROLEUM CORPORATION (TPAO) OVER CYPRUS OIL DRILLING

A news release from the EU on 27 February announced that the EU Council had imposed sanctions restrictions on 2 Turkish citizens under a framework for restrictive measures in response to Turkey’s illegal drilling activities in the Eastern Mediterranean which was set up in November 2019.  The men have been named as Mehmet Ferruh Akalin, Vice-President and member of the Board of Directors of TPAO, and Ali Coscun Namoglu, the Deputy Director of the Exploration Department.

https://www.consilium.europa.eu/en/press/press-releases/2020/02/27/turkey-s-illegal-drilling-activities-in-the-eastern-mediterranean-eu-puts-two-persons-on-sanctions-list/

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.LI.2020.056.01.0001.01.ENG&toc=OJ:L:2020:056I:TOC

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2020:056I:TOC

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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