Another move that puts a brake on Recep Tayyip Erdogan’s plans for drilling in the Eastern Mediterranean has become known.
Five Libyan lawyers appealed to the competent court in Tripoli, Libya, against the recent memorandum, signed by the interim government of National Unity of Abdelhamid Dbeibeh and Turkey, in the field of hydrocarbons, which, as Athens emphasizes, “violates the sovereign rights of Greece , is a violation of international law and a deliberate escalation that undermines stability in the region.”
The annulment of the Turkish-Libyan memorandum is requested
The appeal requests, according to sigmalive, citing Al-Arabiya, the annulment of the memorandum, with a series of arguments, such as that the Dbeiba government is not authorized to conclude international agreements, the agreement was called a memorandum of understanding, but it is an economic oil agreement , the agreement violates several provisions of the oil law, most notably the lack of experience of Turkish companies in this field.
At the same time, the lawyers filed a request for a temporary injunction for its immediate suspension, because it “illegally usurped from the Libyan National Oil Company its exclusive jurisdiction over oil trade and contains texts that need different interpretations, causing serious damage that cannot be repaired if Turkey begins the implementation of the agreement”.
Administrative Judicial Department of #Tripoli Court of Appeal receives appeal against maritime agreement signed between #Dbeibeh's Government of National Unity and #Turkey for cancelling it. pic.twitter.com/Mv00Xca7Y5
— The Libya Update (@TheLibyaUpdate) December 4, 2022
“Untie the hands of Greece, Egypt and other countries”
This development, according to the Ottomanologist – Lawyer Dr. Dimitris Stathakopoulos, depending of course on its outcome, can automatically untie the hands of Greece, Egypt and other countries with a legitimate interest, which would seek the annulment of the memorandum.
As he said to Open channel, the preliminary memorandum is not considered invalid, only voidable, only if someone appeals, as in this case the Libyan lawyers, then it can be annulled.
The appeal was accepted as to the admissibility of the testimony and a determination of jurisdiction and issuance of a decision is awaited.
If it is annulled through the court system, Turkey can theoretically seek compensation from Libya for lost profits, claiming that it was in good faith when it signed and did not expect annulment.
Another “slap” from Cairo
A few days ago Turkish President Recep Tayyip Erdogan received another “slap” for the illegal Turkish-Libyan memorandum, this time from Egypt.
Indicative is a publication of the Egyptian newspaper, Al Ahram, which, among other things, states that “Egypt has rejected recent Turkish attempts to search for natural gas in areas in the eastern Mediterranean that Cairo recognizes as part of Cypriot and Greek waters.”
Latest News
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Study Finds 4 in 10 Greeks to Slash Easter Spending
This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5
ELSTAT: Overnight Stays in Greece Up in Feb.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Electric Energy: Greece’s New Sustainable Export
Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy
IOBE Revises Greek GDP Growth Downward, to 2.1% For 2024
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%
Last Sections of 136km E65 Highway Inaugurated on Tues.
Athens to Karditsa drive time is expected to drop to two and a half hours (under normal conditions), and some three hours from Athens to Trikala
Reuters: Greece to Repay More Bailout Loans Ahead of Maturity in 2023
The country has relied solely on international markets for its borrowing needs since a third institutional bailout ended in 2018
Ag Min. Avgenakis: Greece-China Cooperation in Research, Education in Agri-Food Sector
Greek minister tours cutting-edge hydroponics and robotics facilities at the Chinese Academy of Agricultural Sciences in Beijing
Mini Holiday Season in Greece for Upcoming Orthodox Easter
Occupancy rates reach up to 90% domestically for accommodations open ahead of peak summer season