Last week, Greek and Egypt reached an agreement after 13 rounds of negotiations over 15 years, establishing an exclusive economic zone for oil and gas right. This agreement counters growing Turkish influence in the region as it prepares to issue oil exploration licenses that have been opposed by Greece, the European Union, and the USA.
A storm in the Mediterranean
A storm in the Mediterranean
A storm in the Mediterranean
Last week, Greek and Egypt reached an agreement after 13 rounds of negotiations over 15 years, establishing an exclusive economic zone for oil and gas right. This agreement counters growing Turkish influence in the region as it prepares to issue oil exploration licenses that have been opposed by Greece, the European Union, and the USA.