Turkey strengthens Libyan position
The Erdogan regime is further shaking up the East Mediterranean geopolitical and energy landscape
Turkey has announced plans to explore a slice of the Mediterranean claimed last year by the Tripoli-based Libyan government, following an air offensive that has pushed the rival forces of warlord Khalifa Haftar out of western Libya. Turkish energy minister Fatih Donmez said on Sunday that Turkish and Libyan companies will be cooperating on ambitious oil and gas drilling operations in the newly claimed area of sea. The claim is highly controversial—in November last year Ankara and Libya’s internationally recognised Tripoli government signed an agreement extending their economic exclusion zones (EEZs) into territory already claimed by Greece and Cyprus. 90,000bl/d – Libyan oil producti

Also in this section
5 August 2025
After failed attempts to find a buyer for its stake in Russia’s largest oil producer, BP may be able to avoid the harsh treatment meted out to ExxonMobil and Shell when they exited—and could even restart operations if geopolitical conditions improve
1 August 2025
A number of companies have filed arbitration claims against Gazprom over non-deliveries of contracted gas or other matters—and won. The next step is to collect the award, but this is no easy task
1 August 2025
Europe’s refining sector is desperately trying to adapt to a shifting global energy landscape and nowhere is this more apparent than in its largest economy
1 August 2025
The Middle East natural gas playbook is being rewritten. The fuel source offers the region a pathway to a cleaner, sustainable and affordable means of local power, to fasttrack economic development and as a lucrative opportunity to better monetise its energy resources.