Greek-Turkish Relations
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Chevron is going to participate in mining south of Crete-Ionian Sea while the Turks are going to control Libya's energy

Journalistic sources report that the well-known American company Chevron has very close contacts with Helleniq Energy for participation in both the Greek hydrocarbon market and the extraction of Crete and the Ionian Sea.

ExxonMobil had announced that the investment decision for drilling would be taken in 2024, with the aim of the first drilling rig to "hit" in 2025, a year earlier than originally planned, but seismic surveys have reversed this decision while at the same time CHEVRON is starting something similar in Cyprus.

Since January 2023, the US giant had assured the Athens side that Turkish threatening rhetoric does not affect the company's planning.

It is revealed in practice that our hydrocarbon reserves are enough for the entire EU supply.

The energy crisis in Europe would end, since the needs of the EU countries are expected to be covered by the Greek deposits and those of the neighbouring countries.

In this real eventuality Greece would become economically strong and a promised land for the largest oil companies on the planet.  

The Turks go for energy control of Libya

Turkey is seeking an active role in Libya's offshore energy exploration with the aim of supplying the EU.

Turkish Energy Minister Alapparsan Bayraktar expressed Turkey's intention to expand its economic presence in Libya's offshore hydrocarbon activities under the maritime jurisdiction agreement signed between the two countries in 2019.

In an exclusive interview with Anadolu News Agency on the sidelines of the Libya Energy and Economy Summit 2024 in the capital Tripoli, organized by Energy Capital and Power (ECP), he said his visit aims to strengthen ties between Turkey's private and state-owned companies in Libya's oil and gas fields, as well as mining and electricity.

"We have shown our determination to cooperate," Bayraktar said, adding, "Turkey and Libya will expand their cooperation in many energy sectors in a more long-term and sustainable way."

The Turkish energy minister pointed to Libya's vast energy reserves and stressed the need for a stable investment climate to ensure the longevity and effectiveness of cooperation.

"There is huge potential in solar energy and Libya can benefit from Turkey's experience in this field," he said, supporting Turkish investment in Libya's renewable energy infrastructure. He also cited Turkey's recent developments in oil and gas exploration, particularly the rapid development of the Sakarya Gas Field, as a model of efficiency and success that can be replicated in Libyan waters.

"We want to be active in Libya's offshore areas," he said, highlighting the cost-effectiveness and rapid results that Turkey's state-of-the-art offshore drilling vessels could bring to the region.

"In the near future, Turkey plans to send a team to Libya for a more intensive technical study," Bayraktar confirmed, signaling Turkey's commitment to establish a strong foothold in the Mediterranean country's energy sector.

The Turks want to fully control Libya, both for their own needs and to supply the EU via Italy, making it a different pole.

In Libya, however, there is first and foremost Marshal Haftar, who does not want the Turks at all, while the USA, Russia and France have huge interests.

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