May 2, 2024

Athens News

News in English from Greece

Turkey, based on an agreement with Libya, begins hydrocarbon research on the Greek continental shelf


Turkey is preparing to explore for oil in the Eastern Mediterranean within Greece’s potential EEZ in accordance with the Libyan-Turkish memorandum of understanding, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said.

Alparslan Bayraktar, while in the Libyan capital Tripoli at a summit on Libya’s energy and economy, in a conversation with the Turkish news agency Anadolu News Agency, said that Turkey is ready to cooperate in the use of Libya’s energy potential.
“As part of our agreement on zones of maritime jurisdiction, we also want to work in the maritime waters of Libya.

We have stated that with our own vessels we can achieve much more economical, efficient and faster results. In the near future, in the very near future, we will send our team here.

We can say that we will take significant steps in this direction with more intensive technical work,” Bayraktar said.

Speaking about the Turkish presence in Libya, Bayraktar noted that “the support we provide to our brothers and sisters here is in the context of cooperation based on the deeply rooted 500-year-old relationship between Turkey and Libya,” adding:

Libya announces the expansion of its thermal waters to 12 nautical miles and begins to implement the Turkish-Libyan memorandum

“Our activities in the energy sector have become of great importance, especially after the conclusion of the agreement on the delimitation of maritime jurisdiction in 2019. Last year, we created a legal basis for cooperation by signing a memorandum of understanding in the hydrocarbon sector. The time has come to begin exploration in the areas identified in our cooperation agreement.”

Turkey and the Government of National Accord signed a maritime boundary treaty to create an exclusive economic zone in the Mediterranean, which was submitted to the UN and no country, including Greece, challenged it within the UN. including Greece, did not challenge it within the time limit in which it should have been done!

In theory, Cyprus and Egypt have rejected the agreement as illegal, and Greece considers it invalid and geographically absurd because it ignores the existence of the islands of Crete, Kasos, Karpathos, Kastellorizo ​​and Rhodes between the coasts of Turkey and Libya, but no one has challenged the contents of the agreement at the UN.

In October 2022, Turkey and the Government of National Unity (Libya) signed a preliminary agreement on hydrocarbon exploration based on the previous agreement.



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