Turkey’s dual Libya objectives
Moscow’s cooperation with Ankara in seeking a Libya peace deal implies Russian acceptance of Turkey’s controversial East Med maritime border claims
Russia and Turkey, previous backers of opposing sides in the Libya conflict, have clearly decided that—if they could jointly achieve peace in the country—both would be assured of a lasting stake there. This would be a blow to the European powers most closely associated with Libya, Italy and France, which have persistently tried and failed to bring the fighting to an end. Both countries have strong energy links with Libya which they would like to expand. Now there is a possibility that Russian and Turkish firms will put Libya’s oil and gas reserves in their sights. Russia has said in the past that it is interested in working jointly with Turkey on energy exploration and development. For Pre

Also in this section
16 April 2025
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
15 April 2025
Loss of US shipments of key petrochemical feedstock could see Beijing look to Tehran with tariffs set to upend global LPG flows
15 April 2025
Australia’s East Coast Gas projections for a supply shortfall have been pushed further out, but the challenge to meet evolving gas demand and the shifting assumptions around the fundamentals remain just as stark
15 April 2025
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead