What is behind the Eastern Mediterranean oil and gas rush? | Counting the Cost
127,423
Published 2020-08-29
On August 18, Turkey dispatched a drilling ship flanked by navy vessels to an area off the coast of Cyprus, deepening its disputes with Cyprus and Greece.
A war of words could spiral out of control as Greece and France send their warships to the contested region.
But carving up the riches of the Mediterranean could prove to be a costly mistake.
A Lebanese exploration well has come up dry, oil companies have delayed drilling and many nations are switching to renewables. Could this mean some countries miss out on the oil and gas bonanza?
Plus, does the crisis-hit World Trade Organization need a Brexiteer to run it?
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All Comments (21)
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Long live Turkey,grow faster 🇹🇷🇹🇷🇹🇷🇹🇷🇹🇷🇹🇷
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Supporting Turkey 🇹🇷 from Uzbekistan 🇺🇿 !!!
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Turkey has their own version of exclusive economic zone. I hope greece stand up more.
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Turkey will not let anyone violate his rights on mediterranean.
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we Indonesian people support Turkey and assist with experts from Indonesia drilling for oil and natural gas offshore on Turkish ships
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As we kill each other over oil. Oil is slowly killing everything. Another example of humans failing .. idiocracy
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The agreement is seen as a response to a Turkish-Libyan accord signed in 2019 allowing Turkey access to areas in the region where large hydrocarbon deposits have been discovered.
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The presentation of the video is not impartial! This is quite frustrating for a channel big like Al Jazeera!
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Very good journalism. Keep up the good work.
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Tamas can be the best guest i've ever seen on this program. Such a pro !
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Very Insightful!
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Really Tamaz did a good job he is topical and on point .
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WW3 for oil and gas ? Using oil and gas to run military vehicles ??
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Seems 🇹🇷 has grown some balls during recent years.
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Love from London 🇵🇰🇹🇷🇵🇰🇹🇷🇵🇰🇹🇷🇵🇰🇹🇷🐅🐅🐅🐅🐅
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your guest is wrong about Turkey not recognizing southern cyprus as a country. This is part of the whole cyprus charade. For Turkey there is two states in Cyprus, the Northern Cyprus Turkish Republic and the Southern Greek Republic. I cant believe you have someone on the show who didnt know about this...Turkish maps of cyprus clearly delineate two goverments.
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United Nations Convention on The Law of The Sea 1982
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This is an EXTREMELY seismic region. Riddled with extreme earthquakes! Is it really a good idea to be drilling and running gas pipes through this fragile region? Doing so, could have a sizeable catastrophic impact on the environment etc. Due diligence first!!!
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Turkey is right
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In 1974 Turkey should have taken the entire Cyprus instead of only half way. There would be no problem now.
