Greece ratified an accord on maritime boundaries with Egypt on Thursday, hours after Turkey extended the operation of a seismic survey vessel in the Eastern Mediterranean and said it will hold firing exercises in the region next month. NATO allies Greece and Turkey are at odds over the rights to potential hydrocarbon resources in the area, based on conflicting claims over the extent of their continental shelves.
Tensions escalated this month after Ankara dispatched the Oruc Reis seismic survey vessel in a disputed area following the pact between Athens and Cairo. Turkey has said the pact infringes its own continental shelf. The agreement also overlaps with maritime zones Turkey agreed with Libya last year, decried as illegal by Greece.
The Aug 6 maritime deal has already been ratified by Egypt’s parliament and was approved by a majority of Greek lawmakers on Thursday evening. Earlier, the Turkish navy issued the latest advisory, known as a Navtex, saying it will hold the shooting exercises in the eastern Mediterranean off the coast of Iskenderun, northeast of Cyprus on Sept 1-2. It also extended the seismic work of the Oruc Reis vessel southwest of Cyprus, until Sept 1. -Full Report
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