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Egypt's respect for Turkish continental shelf 'important'

- Turkey's historical, cultural common values with Egypt may bring new developments in coming days: Defense chief

home > International Relations, Turkey, Middle East-Africa 07.03.2021 09:59

Egypt's respect for Turkish continental shelf 'important'

It is a very important development that Egypt has made a tender on hydrocarbon exploration in the eastern Mediterranean respecting Turkey’s continental shelf limits, the Turkish national defense minister said on Saturday.

“We have many historical and cultural values in common with Egypt. When they are put in use, we consider that there may be different developments in the coming days,” Hulusi Akar said during the Blue Homeland 2021 tactical exercise.

He said Turkey considers works on such agreements and memorandums of understanding with Egypt under the maritime jurisdiction limits that the country declared to the UN.

“In this regard, our Foreign Ministry continues the necessary work in coordination with relevant institutions, organizations, and ministries,” he said, expecting to get positive results from these efforts.

Akar followed the Blue Homeland 2021 activities from the Turkish seismic research vessel Oruc Reis together with high-ranking military officials. He also addressed the personnel in the ships that took part in the exercise via video conference.

'You are not only protecting our rights, concerns, and interests in our seas but also making an important contribution to world peace and stability by waving our flag in all the world's seas,” Akar said.

Highlighting the importance of these exercises, he thanked all who contributed to the planning and performance of the exercise. The observer day activity of the Blue Homeland ended with a parade at sea.

Last August, Turkey resumed energy exploration in the Eastern Mediterranean after Greece and Egypt signed a controversial maritime delimitation deal, spurning Turkey's goodwill gesture in halting the exploration.

Egypt last August signed an agreement with Greece, delimiting their borders in the Eastern Mediterranean, but some details of the deal only recently emerged, including Egypt respecting Turkey’s maritime territory.

Declaring the Greek-Egyptian deal 'null and void,' Turkey authorized the Oruc Reis to continue its activities in an area within Turkey's continental shelf.

- Turkey in favor of dialogue with Greece

Drawing attention to issues between Turkey and Greece, Akar said: “We are in favor of solving problems through dialogue in line with international law, good neighborly relations, and we are open to talks.”

'Despite all these positive approaches, unfortunately, provocative attempts, actions, irresponsible statements, threatening language, and similar approaches by our neighbor disturb the peace and stability in the region,” Akar said.

Reiterating that Greece should refrain from the words and actions that could increase tension, he said the main purpose of Greece is to negatively affect the EU and international public opinion and to mislead them.

Turkey has consistently opposed Greece's efforts to declare an exclusive economic zone based on small islands near Turkish shores, violating the interests of Turkey, the country with the longest coastline in the Mediterranean.

Ankara has also said energy resources near Cyprus must be shared fairly between the TRNC and the Greek Cypriot administration of Southern Cyprus.

- Relations with NATO

Akar pointed out that countries carry out various exercises under international law to develop their armed forces, test their systems, and increase the skills of their personnel.

“Our Blue Homeland 2021 tactical exercise is an exercise carried out entirely within the framework of international law, to increase our experience, knowledge, and skills,” he said.

He also said the Turkish land, naval, and air forces along with Gendarmerie General Command and Coast Guard elements participated in the exercise.

“At the same time with the drill, we simultaneously continue our other national, international, and NATO missions with the same determination,” Akar noted.

He added: “In a period of rising risks, threats, and dangers, NATO solidarity has become even more important. In this regard, we have a very constructive, planned, and programmed relationship within NATO.”

Reporting By Sarp Ozer

Writing by Burak Dag and Gozde Bayar

Anadolu Agency

energy@aa.com.tr


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- Moving gas exported to Spain to a different destination breaks contract, says Energy Ministry
28.04.2022 Natural Gas , International Relations , Europe

Shell and TotalEnergies buy shares in Brazil's Atapu oil and gas field

- Petrobras holds majority share at 52.5% while Shell and TotalEnergies have 25% and 22.5%, respectively
28.04.2022 Finance , International Relations , Europe , Americas

Italy turns to Africa for gas needs to reduce dependence on Russia

- Italy, which depends on Russia for 40% of its gas, focuses on African countries to diversify energy sources
21.04.2022 Natural Gas , International Relations , Europe , Middle East-Africa

Italy could ration energy in May if Russia stops supplies

- Energy independence from Moscow could take 18 months, minister says
21.04.2022 Natural Gas , International Relations , Europe

GE Renewable Energy to lower carbon footprint in Europe via deal with Forestalia

- New 21-megawatt wind farm will be built in Spain via 12-year fixed price European Power Purchase Agreement
21.04.2022 Electricity , International Relations , Europe

Greece seized Russian-flagged oil tanker off Evia Island: Report

- Ship with 19-member crew on board anchored near port of Karystos due to bad weather conditions, local media reports
20.04.2022 Oil , International Relations , Europe , Eurasia

Hungary does not support sanctions against Russian oil, gas

- Russian gas shipments to Hungary arriving without disruptions, says Hungarian foreign minister
20.04.2022 Natural Gas , Oil , International Relations , Europe , Eurasia

EBRD to loan Turkish bank $58M for low-carbon economy investments

- Investment to promote Turkiye's transition to sustainable, low-carbon, climate-resilient economy, says European lender
18.04.2022 Invesments , International Relations , Turkey , Europe

Replacing Russian gas in Europe challenging in short term: Fitch

- Dependence on Russian gas varies by country; Germany, Italy importing highest volumes, agency says
11.04.2022 Natural Gas , International Relations , International Organization , Eurasia

Int. Energy Agency confirms 2nd joint oil emergency stock release

- Move comes after decision to release 62.7 million barrels of oil from emergency stocks due to supply constraints from Russia-Ukraine conflict
10.04.2022 Oil , International Relations , International Organization , World

Oil prices regain losses after new sanctions on Russia

- Fifth round of sanctions on Russia since the beginning of the war fuels supply disruption fears
07.04.2022 Oil , International Relations , Europe , Eurasia

Global oil prices rise amid strain of Russia-Ukraine war

- International Energy Agency to announce details of new emergency stock release this week
05.04.2022 Oil , International Relations , Eurasia , Middle East-Africa

OPEC ends reliance on International Energy Agency data

- Wood Mackenzie and Rystad Energy will be used as secondary sources with immediate effect
01.04.2022 Oil , International Relations , International Organization , World

Ruling out Russia’s removal from OPEC+, Saudi minister says group puts politics aside

- Major oil producers of the OPEC+ group, of which Russia is a member, is scheduled to convene on Thursday
30.03.2022 Oil , International Relations , International Organization , World

Russia orders gas payments in rubles by March 31

- Government, central bank, Gazprom company asked to switch to rubles payments for deliveries of gas to 'unfriendly countries'
28.03.2022 Natural Gas , International Relations , Eurasia

France holds talks with Saudi Arabia, UAE on diversifying Europe’s energy supplies

- Goal is to reduce continent’s dependence on Russian oil and gas
28.03.2022 International Relations , Europe , Middle East-Africa

Germany remains reluctant to ban energy imports from Russia

- Chancellor Olaf Scholz warns that energy sanctions could have negative effect on European economies
23.03.2022 Natural Gas , Oil , International Relations , Europe

US puts onus on Iran to decide to return to nuclear deal

- An agreement is neither imminent, nor is it certain, says State Department spokesman
23.03.2022 Nuclear , International Relations , Americas , Middle East-Africa

TotalEnergies to stop purchasing oil, petroleum products from Russia

- Decision due to worsening situation in Ukraine; company will cease further capital investment, activities in Russia
23.03.2022 Oil , International Relations , Europe , Eurasia

UK, Saudi Arabia agree to 'collaborate to maintain stability in energy market'

- Prime Minister Boris Johnson meets Saudi Crown Prince Mohammed bin Salman in Riyadh
17.03.2022 Finance , International Relations

Nearly 3 million barrels per day of Russian oil could be shut in April

- International Energy Agency says losses could increase should restrictions or public condemnation escalate
17.03.2022 Oil , International Relations , International Organization , World

Italian energy group Eni suspends oil and product purchases from Russia

- Company said last week it plans to sell stake in Blue Stream pipeline carrying Russian gas to Turkiye
11.03.2022 Oil , International Relations , Europe , Eurasia

Rosneft and Gazprom CEOs among seven oligarchs in UK sanctions

- UK sanctions more than 200 of Russia's most significant and high-value individuals, entities and subsidiaries since beginning of invasion
11.03.2022 Natural Gas , Oil , International Relations , Europe , Eurasia

EU leaders to discuss Ukraine war, defense reforms

- Ukraine’s EU membership will also be on agenda of summit starting on Thursday afternoon in Versailles, France
10.03.2022 International Relations , Europe

Natural gas prices increase as Russia-Ukraine battle rages

- Natural gas price for April futures contracts on TTF opens at €129, posting 9.5% rise compared to previous trading session
03.03.2022 Natural Gas , International Relations , Europe

European gas prices rise with SWIFT ban on Russia

- Natural gas prices for April futures contracts opens at €125, with 32% rise compared to previous session
01.03.2022 Natural Gas , International Relations , Eurasia

Qatari Emir calls for international dialogue for energy security

- Sheikh Tamim bin Hamad Al Thani's remarks come during his keynote speech at sixth Gas Exporting Countries Forum (GECF) in Doha
22.02.2022 Natural Gas , International Relations , World

Lukoil increases its share in Shah Deniz gas field

- Gas from Shah Deniz is sold to Georgia and Turkey, and delivered to Europe since end of 2020
20.02.2022 Natural Gas , Invesments , International Relations , Energy Projects , Eurasia

Oil prices continue descent as US-Iran talks near end

- Conclusion to nuclear talks could lead to Iranian oil supplies returning to global market
19.02.2022 Oil , International Relations , Americas , Middle East-Africa

Iran needs nuclear energy, not nuclear bomb: Khamenei

- Iran's supreme leader says world is becoming increasingly reliant on nuclear energy
19.02.2022 International Relations , World , Europe , Middle East-Africa

Oil prices retreat on positive progress in US-Iran talks

- US commercial crude oil inventories rise by 1.1 million barrels against expectation of 1.8 million-barrel draw
17.02.2022 Oil , International Relations , Americas , Middle East-Africa

Rosneft signs 10-year deal with China for shipment of 100 million tons of oil

- Oil to be processed in refineries in China
05.02.2022 Oil , International Relations , Eurasia , Asia

Russian natural gas halt strikes major blow to EU economy: study

- 'Half a winter without Russian imports could be difficult, but running EU for several years without Russian gas would be hugely challenging,' study finds
29.01.2022 Natural Gas , International Relations , World , Europe , Eurasia

Shell’s carbon capture plant emits more CO2 than it captures, study finds

-Shell says it captures 5 million tonnes of greenhouse gases although Global Witness research shows it actually emits 7.5 million tonnes of gases
27.01.2022 Oil , International Relations , World

UK, Egypt vow to cooperate to fight climate change

- Senior officials affirm 'joint commitment to accelerating the fight against climate change during this critical decade'
18.01.2022 International Relations , Energy Projects , Europe , Middle East-Africa

Rocket hits near oilfield, US base in eastern Syria

- Sources say rocket targeted surrounding Green Village area where US forces stationed
18.01.2022 Oil , International Relations , Americas , Middle East-Africa

Russia responsible for Europe's natural gas crisis: IEA chief

- Natural gas prices in Europe increase by over 900% since January 2021
14.01.2022 Natural Gas , International Relations , World , Europe , Eurasia

34.8 billion cubic meters of gas carried through TurkStream in 2 years

- Pipeline was inaugurated on January 8, 2020
10.01.2022 Natural Gas , International Relations , Energy Projects , Turkey , Europe

Gazprom and Turkiye's BOTAS sign four-year gas deal

- Agreement will cover supply of 5.75 billion cubic meters (bcm) of gas a year to BOTAS via TurkStream pipeline
07.01.2022 Natural Gas , International Relations , Energy Projects , Turkey , Eurasia

Iran insists Vienna talks to focus on removal of oil sanctions

-Main objective of Iran is selling crude oil without restrictions, being able to deposit money in Iranian bank accounts
29.12.2021 International Relations , Americas , Middle East-Africa

Germany holds off approval of Nord Stream 2 gas pipeline

- Kremlin Press Secretary calls for patience while awaiting license approval
14.12.2021 International Relations , Europe , Eurasia

Shell and QatarEnergy enter new partnership in Red Sea blocks

- Shell has operated Block 3 and Block 4 of the Egyptian Red Sea since late 2019
14.12.2021 Projects , International Relations , Middle East-Africa

Developed countries failure to commit to climate finance 'disappointing', UNFCCC says

- More effort needed to reach $100 billion climate finance pledge, executive secretary of UNFCCC says
11.11.2021 Invesments , International Relations , International Organization , Europe , Asia

Paris Agreement to come into effect in Turkey on Nov. 10

- Turkey will determine net zero roadmap in fighting against climate change and update its national contribution statements
10.11.2021 International Relations , Turkey

Countries failing to fulfil climate commitments to be 'shamed' in 2023

- Actions will be tracked by International Energy Agency until UN climate summit in 2023
08.11.2021 Electricity , Renewable , International Relations , International Organization , Turkey , Europe , Asia

Iran, China top FMs discuss Vienna talks, IAEA cooperation

- Hossein Amir-Abdollahian tells Wang Yi that he hopes US, Europeans would ‘enter the negotiations realistically’
08.11.2021 International Relations , International Organization , Asia , Middle East-Africa

COP26 in nutshell: World leaders depart Glasgow on second day leaving stage to negotiators

- First two days of COP26 sees global pledges by world leaders to keep the 1.5°C goal alive
04.11.2021 International Relations , International Organization , Europe , Asia , Americas

Political motives lie behind US' call on OPEC+ to accelerate output: experts

- US is aware of OPEC+ spare capacity of around 6.5 million bpd and will continue political pressure on group and Saudis
01.11.2021 International Relations , International Organization , Americas

Turkey, Nigeria sign energy, hydrocarbons and mining MoUs

- Total of seven memorandums signed between two countries, three of which are in energy sector
21.10.2021 International Relations , Turkey , Middle East-Africa

Iran's president calls for 'result-oriented' talks on nuclear deal

- New administration has adopted tough line on nuclear talks with West
20.10.2021 International Relations , Americas , Middle East-Africa

Turkey, Nigeria plan to sign deals on hydrocarbons, mining, energy sectors

- Trade volume between Turkey and Nigeria reaches $2 billion at end of 2020
09.10.2021 International Relations , Energy Projects , Turkey , Middle East-Africa

Paris Agreement's ratification launches new climate policy era in Turkey

- Turkey expected to adopt new emissions-cutting goals, action plans after lawmakers ratified Paris deal, say climate groups
08.10.2021 Regulation , International Relations , Energy Projects , Europe

Turkey's ratification of Paris Agreement to be catalyst for renewables growth

- Turkish president says ratification of agreement will lead to radical changes in number of sectors
24.09.2021 International Relations , Turkey

Xi halts new coal power projects outside China

- Chinese president proposes ‘Global Developmental Initiative’ at UN General Assembly
23.09.2021 Coal , International Relations , Asia

Gazprom head expects natural gas prices to hit new highs

- Experts in Europe and Asia believe shortage in Europe's underground gas storage facilities cannot be compensated
17.09.2021 Natural Gas , International Relations , Europe , Eurasia

Climate-related disasters killed 17,000 since COVID-19 began: report

- Additional 658M people exposed to extreme temperatures
17.09.2021 Renewable , International Relations , Europe

Iran allows IAEA to 'service' monitoring equipment at nuke sites

-UN nuclear watchdog chief Rafael Grossi's visit to Tehran comes amid heightened tensions
14.09.2021 Nuclear , International Relations , International Organization

French TotalEnergies and Iraqi gov. sign $27B oil, gas, solar deals

- Three contracts between Iraqi Ministry of Oil and Total, one contract for solar energy project between Ministry of Electricity and Total signed Sunday
07.09.2021 Natural Gas , Oil , Solar , International Relations , Middle East-Africa

ANALYSIS - OPEC+ keeps hopes up

- One of key challenges for OPEC+ for next years will be to procure all it can to keep well-supplied oil market running parallel to post-pandemic recovery period both for consumers and producers alike
03.09.2021 Oil , International Relations , Middle East-Africa

Dried up wheat fields, dead livestock gripping Kazakhstan as extreme drought takes hold

- Global warming threatens Caspian Sea, warn Kazakh environmentalist
27.08.2021 Energy Security , International Relations , Asia
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