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IOCs plot risky Libya return
Despite the continuing threat that the country’s security situation could implode, oil firms are keen to get going again
Libya boosts output target
Relative stability is bolstering the North African nation’s rehabilitation programme, although significant investment challenges remain
Turkey moves at pace on Black Sea gas
The country’s NOC is fast-tracking development of Sakarya, but any need to bring in partners could complicate progress
Libya scrambles to protect output recovery
The Tripoli administration moves against its own central bank to try to prevent another blockade
Valeura hit by market turbulence
The Turkish shale gas developer sees its appraisal programme results cause ripples amid nervous oil and gas investor sentiment
Russia aids Kurdistan gas boost
Strategic investments from Rosneft have unclogged Kurdistan's messy export scene, paving the way for supplies to Turkey in the early 2020s
Israel faces upstream reform challenge
A government committee has failed to tackle the root causes of a slump in upstream expansion, argues energy analyst Gina Cohen
An East Med gas renaissance
After years of inertia, the prospects for the region's gas finally moving towards markets are improving
Cyprus: long wait for celebration
The rising prospect of East Med natural gas sales is lifting Cyprus' hopes of finding a market, despite Turkish threats
Libya's oil output restrained
Investment is needed to boost production capacity
Turkey Libya
Gerald Butt
9 December 2019
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Turkey pushes East Mediterranean boundaries

The Erdogan regime’s maritime border agreement with Libya can only serve to ramp up regional tensions

Turkey has gone a step further in its East Mediterranean power play, signing a memorandum of understanding (MoU) with the internationally recognised government in Libya on their joint maritime border. On the face of it, the MoU places a vast swathe of the Eastern Mediterranean Sea into Turkish hands, including not just the waters off Cyprus but around some Greek islands as well.  The Ankara authorities already asserts the right to search for hydrocarbons in any spot that Turkey sees as within its continental shelf area; for several months, its drill ships have been operating inside Cyprus’ economic exclusion zone (EEZ), with a promise of more to come.   Predictably, the Cypriot and Greek gov

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