Egypt and Turkey’s energy face-off in the Mediterranean

Click For Larger Image & Read More
Egypt and Turkey’s energy face-off in the...
 © ThemaNews 2020
The US Geological Survey estimates there to be  122 trillion cubic feet  of recoverable gas reserves in the Mediterranean’s Leviathan Basin, and the countries in the region are on a quest to acquire what they consider their rightful share .

The competition over gas resources expanded in mid-February when  Egyptian  announced  an agreement with US-based Chevron and ExxonMobil, France’s Total, BP of Britain, and Royal Dutch Shell to explore for gas off its northwestern coast near Libya. Cairo expects exploratory drilling to begin early next...


Read all latest: Cyprus Coronavirus News Updates - Live

This article was automatically added to our system 30-3-2020

Egypt and Turkey’s energy face-off in the Mediterranean


The contents of this article including any associated images are © ThemaNews 2020
Views & opinions expressed in this article are those of the author and/or ThemaNews .

Advertise Here

  Trending Cyprus News

Advertise Here

Article Tags: egypt, turkey, energy, mediterranean,