Tuesday, June 16, 2020

Turkey To Start Mediterranean Gas Exploration ‘As Soon As Possible’

Turkey will start exploring for gas in the eastern Mediterranean this year, President Recep Tayyip Erdogan vowed Thursday, after signing a maritime deal with Libya. “We will start search and drilling activities as soon as possible in 2020 after issuing licenses for the areas,” Erdogan said during a two-hour speech in the capital.

He added that Turkey’s seismic exploration vessel Oruc Reis would soon be deployed. Ankara angered neighboring countries in the Mediterranean with an agreement signed with the Tripoli government in November, which claimed extensive areas of the sea for Turkey.

Greece says the deal fails to take into account the island of Crete, while Turkey has already upset Cyprus by sending ships to search for oil and gas off the divided island. Erdogan said it was “no longer legally possible” for any search and drilling activities or a pipeline without Libya or Turkey’s approval. -Full Report

Shaked: There won't be a unity government after March elections

How The U.S. Has Reduced Its Dependence On Middle East Oil

Scores wounded as Lebanon's anti-gov't protests turn violent

Libya's Eastern-based Forces Move to Halt Oil Exports, Escalating Tensions Ahead of Peace Summit 

Libya's conflict looks increasingly like Syria, says US official

Turkey's president Erdogan slams European allies for not aiding Libya