CAIRO — A new eastern Mediterranean alliance that includes Israel is moving to take advantage of the energy-rich region, which has natural gas reserves estimated at 122 trillion cubic feet (3.45 trillion cubic meters). Some observers say the coalition also wants to counter any efforts Turkey might make to control energy sources in the region.
The Egyptian Ministry of Petroleum announced Jan. 14 that six countries and the Palestinian Authority (PA) had agreed to establish the Eastern Mediterranean Gas Forum (EMGF), with Cairo as its headquarters. The presidents of Egypt, Cyprus and Greece had held a trilateral summit Oct. 10 on the Greek island of Crete during which they agreed to establish the forum.
Turkey began its first oil and gas exploration off the coast of Antalya by launching the drilling ship Fatih on Oct. 29.
Speaking at the launch ceremony, Turkish Minister of Energy and Natural Resources Fatih Donmez warned, “Turkish naval forces will take appropriate measures should the vessel be harassed.” He was referring to tensions between Turkey and neighboring Cyprus and Greece over maritime jurisdiction.
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