A Libyan court has suspended a deal for offshore oil and gas exploration that Libya and Turkey inked last year, a deal that sparked outrage from neighbors Egypt and Greece. The deal concerned waters that Libya and Turkey have declared to be theirs but that are disputed by Egypt and Greece, Reuters noted in a report on the news that cited an unnamed source. The Libyan government can appeal the ruling, the source also told Reuters. ADVERTISEMENTThe official noted, then, that the deal is only between Libya and Turkey, "two sovereign countries -- it's win-win for both, and other countries have no right to interfere". The potential of the region has become particularly relevant now when Europe is looking for new sources of gas.

Source: Libya Today January 11, 2023 08:30 UTC