Home›Commodities›Energy›Turkey’s Libya Deal Puts Oil Majors in a Bind

Turkey’s Libya Deal Puts Oil Majors in a Bind

Reported · Written up by our desk · Energy

Turkey has finally gotten both sides of a divided Libya to sign the maritime map it has pushed for seven years. Ankara signed the boundary deal with Libya’s Tripoli government in 2019, and the rival parliament in the east rejected it in 2020. On October 20, that same parliament, the Haftar-aligned House of Representatives in Benghazi, ratified the deal unanimously. Both of Libya’s governments now recognize a boundary that runs between Crete and Cyprus, leaving Greek islands in the area with no sea beyond their territorial waters. Ankara…

More like this

Sources