Greek FM in Cairo to rally support over Libyan-Turkish Med exploration pact
Egypt, Greece show united front against Turkish-Libyan Med exploration ambitions: Foreign Minister Sameh Shoukry and his Greek counterpart Nikos Dendias on Sunday met to reiterate their rejection of a Libyan-Turkish agreement on offshore oil and gas exploration rights in the Mediterranean, according to a statement by the Greek foreign ministry. The agreement could include exploration rights in the so-called “exclusive economic zone” drawn up by the two countries back in 2019, which Egypt and Greece have disputed with their own rival agreement demarcating maritime borders in the oil and gas-rich East Med.
Shoukry urged the UN to take a “clear position” on the Libyan national unity government that signed the agreement with Turkey, at a press conference following the meeting with Dendias (watch, runtime: 1:28). The Tripoli government does not have the “authority to sign any international agreements nor MoUs” since national elections were delayed in December, Shoukry said. Bloomberg Asharq and the AP also had coverage.
MEANWHILE- Egypt wants to unlock EUR 54 mn in debt-for-development financing from Germany. The topic was on the agenda yesterday when International Cooperation Minister Rania Al Mashat met with the head of Germany’s Economic Cooperation Ministry’s Middle East Development Cooperation division, Mario Sander, according to a cabinet statement. The funding will be used for climate and green economy projects, according to the statement.