Headlines
Libya objects to Greek tender for hydrocarbon exploration off Crete
Published by Global Banking & Finance Review®
Posted on June 20, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 20, 2025
2 min readLast updated: January 23, 2026
Libya objects to Greece's hydrocarbon exploration off Crete, citing violations of its maritime zones. Greece insists on international law compliance.
TRIPOLI (Reuters) -Libya's internationally recognised government of national unity has objected to Greece's approval of an international tender for hydrocarbon exploration off the island of Crete, saying some of the blocks infringed its own maritime zones.
The two countries have been trying to mend relations strained by an accord signed in 2019 between the Libyan government and Greece's regional rival Turkey, which mapped out a sea area between them close to the Greek island.
Greece opposed the agreement, saying it had no legal basis as it sought to create an exclusive economic zone from Turkey's southern Mediterranean shore to Libya's northeast coast, ignoring the presence of Crete.
Last month Athens invited bidders for hydrocarbon exploration in two blocks south of Crete following an expression of interest by U.S. major Chevron.
Libya's Tripoli-based foreign ministry said in a statement late on Thursday that some of the tendered sea blocks off Crete fell within disputed zones and were "a clear violation of Libya's sovereign rights".
The ministry objected "to any exploration or drilling activities in these areas without a prior legal understanding that respects the rules of international law", it said, calling on Greek authorities to prioritise dialogue and negotiation.
A senior source in Greece's energy ministry said Athens had adhered to the international law of the sea and its government was committed to discussions "within the framework of international legitimacy". The source declined to be named due to the sensitivity of the matter.
Greek foreign minister George Gerapetritis is expected to visit Libya in the coming weeks, an official with the Greek foreign ministry told Reuters on condition of anonymity.
(Reporting Ahmed Elumami in Tripoli and Angeliki Koutantou in Athens; Editing by Edward McAllister and Emelia Sithole-Matarise)
Libya's foreign ministry has objected to Greece's tender, stating that some of the sea blocks off Crete fall within disputed zones and violate Libya's sovereignty.
Greece opposed the accord because it believed it had no legal basis and sought to create an exclusive economic zone that ignored Greece's presence in the Mediterranean.
Greece invited bidders for hydrocarbon exploration in two blocks south of Crete, following interest from U.S. major Chevron.
Libya's ministry stated that any exploration or drilling activities in disputed areas must have a prior legal understanding that respects international law.
Greek foreign minister George Gerapetritis is expected to visit Libya in the coming weeks to discuss the situation.
Explore more articles in the Headlines category
