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Egypt Inks Gas Deals in Western Region, Warns Turkey against Unilateral Moves

A man walks along the bank of the Nile River in front of high towers of hotels, banks and office buildings in Cairo, Egypt, December 17, 2019. (Reuters)
A man walks along the bank of the Nile River in front of high towers of hotels, banks and office buildings in Cairo, Egypt, December 17, 2019. (Reuters)
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Egypt Inks Gas Deals in Western Region, Warns Turkey against Unilateral Moves

A man walks along the bank of the Nile River in front of high towers of hotels, banks and office buildings in Cairo, Egypt, December 17, 2019. (Reuters)
A man walks along the bank of the Nile River in front of high towers of hotels, banks and office buildings in Cairo, Egypt, December 17, 2019. (Reuters)

Egypt announced on Monday the signing of petroleum agreements for oil and natural gas exploration in the Mediterranean and Western Desert region near the Libyan border, the first such moves in the area.

The agreements coincided with Cairo again indirectly warning Turkey against the repercussions of any unilateral moves that could breach the rights of Cyprus and threaten to the security and stability of the Middle East.

On Monday, Egypt’s Minister of Petroleum Tarek el-Molla signed nine agreements for oil and natural gas exploration in the Mediterranean and Western Desert region, with a minimum investment of about $452.3 million.

He said: “This is in addition to signing grants of about $84 million and drilling 38 wells.”

In 2017, the US Geological Survey (USGS) assessed that the natural gas reserve in the Mediterranean ranges between 340 and 360 trillion cubit feet.

El-Molla said that with Monday’s deals, the number of oil agreements signed by the ministry with investors and partners since July 2014 has reached 79.

Four other agreements approved by the Egyptian House of Representatives will be signed later.
He explained that the ministry's strategy involves offering new international bids during the coming period, as well as concluding more oil deals.

The minister asserted that the oil sector is “the backbone of economic development,” and that the agreements will attract new foreign investments that should help in boosting and maximizing Egypt's oil reserves and production.

Ahmed Qandil, director of the Energy Studies Program at the Ahram Center for Political and Strategic Studies told Asharq Al-Awsat on Monday that the area where Egypt signed the new agreements on exploration had never witnessed such operations before.

On Sunday, the Egyptian Foreign Ministry reaffirmed its respect for the rights and sovereignty of Cyprus in the Middle East under international law and related United Nations maritime conventions, including the areas in which Cyprus has license to explore for oil and natural gas.

Cairo and Ankara are embroiled in a legal and political dispute over oil and gas exploration in the Mediterranean Sea.

On February 2018, Turkey said it does not recognize the Maritime Demarcation Agreement signed between Egypt and Cyprus in 2013 to draw up the maritime boarder between the two countries to exploit natural resources in the Eastern Mediterranean.

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Arab World

Israeli Troops, Palestinian Fighters Clash in West Bank after Incidents Near Settlements

Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
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Israeli Troops, Palestinian Fighters Clash in West Bank after Incidents Near Settlements

Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH
Israeli troops move inside the Jenin refugee camp on the fourth day of an Israeli military operation in the West Bank city of Jenin, 31 August 2024. EPA/ALAA BADARNEH

Clashes broke out between Israeli troops and Palestinian fighters in the occupied West Bank on Saturday as Israel pushed ahead with a military operation in the flashpoint city of Jenin.
Israeli troops searched areas around Jewish settlements after two separate security incidents on Friday evening. In Jenin itself, drones and helicopters circled overhead while the sound of sporadic firing could be heard in the city, said Reuters.
Hundreds of Israeli troops have been carrying out raids since Wednesday in one of their largest actions in the West Bank in months.
The operation, which Israel says was mounted to block Iranian-backed militant groups from attacking its citizens, has drawn international calls for a halt.
At least 19 Palestinians, including armed fighters and civilians, have now been killed since it began. The Israeli military said on Saturday a soldier had been killed during the fighting in the West Bank.
The Israeli forces were battling Palestinian fighters from armed factions that have long had a strong presence in Jenin and the adjoining refugee camp, a densely populated township housing families driven from their homes in the 1948 Middle East war around the creation of Israel.
The Palestinian Red Crescent said on Saturday a child had been taken to hospital in Jenin with a bullet wound to the head.
The escalation in hostilities in the West Bank takes place as fighting between Israeli forces and Hamas group still rages in the coastal Gaza Strip nearly 11 months since it began, and hostilities with the Iranian-backed Hezbollah movement in the Israel-Lebanon border area have intensified.
Late on Friday, Israeli forces said two men were killed in separate incidents near Gush Etzion, a large West Bank settlement cluster located south of Jerusalem, that the military assessed were both attempted attacks on Israelis.
In the first, a car exploded at a petrol station in what the army said was an attempted car bombing attack. The military said a man was shot dead after he got out of the car and tried to attack soldiers.
In the second incident, a man was killed after the military said a car attempted to ram a security guard and infiltrate the Karmei Tzur settlement. The car was chased by security forces and crashed and an explosive device in it was detonated, the military said in a statement.
The two deaths were confirmed by Palestinian health authorities but they gave no details on how they died.
Troops combed the area following the two incidents. Security forces also carried out raids in the city of Hebron, where the two men came from.
Hamas praised what it called a "double heroic operation" in the West Bank. It said in a statement it was "a clear message that resistance will remain striking, prolonged and sustained as long as the brutal occupation's aggression and targeting of our people and land continue".
The group, however, did not claim direct responsibility for the attacks.
Israeli army chief General Herzi Halevi said on Saturday Israel would step up defensive measures as well as offensive actions like the Jenin operation.
Amid the gunfire, armored bulldozers searching for roadside bombs have ploughed up large stretches of paved roads and water pipes have been damaged, leading to flooding in some areas.
Since the Hamas attack on Israel last October that triggered the Gaza war, at least 660 Palestinian combatants and civilians have been killed in the West Bank, according to Palestinian tallies, some by Israeli troops and some by Jewish settlers who have carried out frequent attacks on Palestinian communities.
Israel says Iran provides weapons and support to militant factions in the West Bank - under Israeli occupation since the 1967 Middle East war - and the military has as a result cranked up its operations there.