Ankara claims an expansive exclusive economic zone, highlighting the critical nature of shared natural gas discoveries in the region.
1 report, 1 independent
Updated Jul 28
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What happened
Ankara claims an expansive exclusive economic zone, highlighting the critical nature of shared natural gas discoveries in the region.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Turkey's regional influence and Eastern Mediterranean gas disputesAlso in this story
- A three-way summit was held between Cyprus and Egypt focusing on regional cooperation.
- Cypriot gas is planned to utilize Egyptian infrastructure for export, providing pivotal liquefaction facilities for the European gas market.
- Turkey's regional moves are causing international pushback, leading to Egypt strategically aligning with Turkey on regional issues despite initial hesitation regarding defense pacts.
- Shell is cooperating with the government of Cyprus on a project, leading to an agreement to sell a subsidiary for up to $720 million, while maintaining a presence in Egypt.
The entities involved
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Cyprus
country in the Mediterranean Sea
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Egypt
country in Northeast Africa and Southwest Asia
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Ankara
capital of Turkey
- Türkiye announces maritime agreements with Libya and Egypt, while considering military support for Saudi Arabia and engaging with Qatar.
- Exploratory talks are underway regarding a potential Free Trade Agreement between Turkey and partners, alongside discussions about Turkey's strategic role within NATO.
Related events
- EU and Egypt reject maritime borders, with discussions centered on gas-rich areas.
- US threatens economic isolation of Tehran while Trump praises Turkey at NATO summit, amid Turkey sourcing gas from Iran.
- Cyprus is negotiating a natural gas pipeline agreement while calling on Turkey to respect its sovereignty.
- Tim Hodgson met in Ankara to discuss energy cooperation.
- EU reiterates opposition to Turkey's maritime deals as claims overlap in the Eastern Mediterranean.
Coverage
Newest first; wire copies grouped- defensenews.comCountering Erdogan: What Biden must do for the sake of stability