- BIST10011,117-0.92%
- USD49.65+0.05%
- EUR55.60-0.19%
- GOLD4,007.90-1.29%
- INTEREST36.00%-1.00
- BITCOIN80,642-0.16%
- October 25, 202616°
- BIST10011,117-0.92%
- USD49.65+0.05%
- EUR55.60-0.19%
- GOLD4,007.90-1.29%
- INTEREST36.00%-1.00
- BITCOIN80,642-0.16%
- October 25, 202616°
Greek paper: France considers delaying Türkiye-Libya electricity project
Greek newspaper Ta Nea said France, the main contractor for the undersea electricity interconnection project between Greece, the Greek Cypriot administration of Southern Cyprus and Israel, proposed postponing it after Libya’s parliament ratified the maritime memorandum of understanding with Türkiye, while Athens rejected any change.
Greek newspaper Ta Nea said, as reported by Turkish newspaper Daily Sabah, that France, the main contractor for the major undersea electricity interconnection project between Greece, the Greek Cypriot administration of Southern Cyprus and Israel, proposed postponing the project “to assess the situation more thoroughly” after Libya’s House of Representatives ratified last week the memorandum of understanding on the delimitation of maritime jurisdiction areas signed with Türkiye seven years ago.
The newspaper added that Paris apparently had not been aware of the scale of the dispute between Türkiye and Greece “or of the danger coming from Libya” before the Libyan parliament ratified the memorandum, noting that Greece rejected any change to the project plans.
Following the ratification, Türkiye issued a navigational notice for the Mediterranean valid until the end of December concerning work on the natural gas pipeline project between Türkiye and the Turkish Republic of Northern Cyprus. The pipeline will connect Mersin province to Kyrenia over a distance of about 101 kilometers.
The Turkish-Libyan memorandum covers a large area claimed by Greece, while Greece and Egypt signed an agreement covering a substantial part of the same area. Dorothée Schmid, a researcher at the French Institute of International Relations, described the Libyan parliament’s ratification of the agreement as “a major diplomatic success for Ankara,” according to Agence France-Presse.
Turkish Petroleum signed a memorandum of understanding with Libya’s National Oil Corporation in June 2025 to conduct geological and geophysical studies in Libyan waters.
Stay Updated with Hilal Times
Subscribe to be informed about special news, developments and announcements. We will keep you informed.
By signing up, you agree to our Privacy Policy
