Jeni Safak: “The new route after Somalia is Libya”

Turkey's penetration of the jap Mediterranean and Africa continues unabated, with the subsequent step centered on Libya. The power strikes launched by Ankara, in accordance with the publication of the pro-government newspaper Yeni Safak, will likely be prolonged, after Somalia, to North Africa with the goal of hydrocarbon extraction.

The Oil Crescent

In accordance with Jeni Safak, as a part of the negotiations which were occurring for a very long time, Turkey has secured the related authorization for analysis within the land and sea space of ​​Libya. Ankara's curiosity is targeted on the so-called “oil crescent”, an space with giant hydrocarbon reserves.

The difficulty was raised on the Libyan Power and Financial system Summit held earlier this yr after which throughout Turkish Power and Pure Sources Minister Alparslan Bayraktar's go to to the US.

Areas ready to be explored

Libya, by means of the Nationwide Oil Firm (NOC), needs to develop joint power tasks with Turkey, particularly within the discipline of extraction, manufacturing and distribution of hydrocarbons. It’s famous that 40% of Libya's deposits, each on land and at sea, stay unexplored, which makes Tripoli's tackle to Ankara mandatory.

In accordance with the Nationwide Oil Firm of Libya NOC, there are 29 new oil fields and 12 onshore and offshore fuel fields. Libya's territorial waters and Unique Financial Zone cowl a large space from the border with Egypt to Tunisia. Along with the oil and fuel fields which were found, corresponding to Sirte, Murzuq, Bouri and Sabratha, there are areas which are nonetheless ready to be explored.