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
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind