Libya Denounces Greek Oil Exploration off the Coast of Crete

Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Libya has officially protested against Greece’s decision to issue oil exploration permits in waters located south of Crete. According to Tripoli, these maritime areas are the subject of an unresolved territorial dispute between the two countries, intensified by earlier agreements signed with Turkey. The Libyan Government of National Unity (GNU) considers these permits a direct violation of its sovereign rights in the region. In response, Tripoli urges Athens to engage in bilateral dialogue in accordance with principles of international maritime law.

Diplomatic and Economic Reactions

The controversial tender was published in the Official Journal of the European Union (EU) on June 12, 2025. Athens’ initiative aligns with a broader energy policy aimed at exploiting hydrocarbon resources in the Eastern Mediterranean. Libya’s Foreign Ministry stated it has formally conveyed objections through diplomatic channels to Greece and the European Union. Tripoli insists on prior legal clarification before initiating any exploratory activities in these disputed areas.

The geopolitical context of this controversy is linked to a maritime agreement concluded in November 2019 between Libya and Turkey. This bilateral accord, not recognized by Athens, defines an Exclusive Economic Zone (EEZ) overlapping areas claimed by Greece south of Crete. Greece considers the agreement illegal under the United Nations Convention on the Law of the Sea (UNCLOS). Athens has consistently rejected claims stemming from the Turkish-Libyan agreement, maintaining that the disputed areas exclusively fall under Greek sovereignty.

Regional Energy Issues

Growing interest in offshore oil exploration in the Eastern Mediterranean is driven by seismic surveys indicating potentially significant reserves of oil and natural gas. Several international companies are closely monitoring this controversy, concerned about political risks associated with investments in disputed regions. Legal uncertainty poses a major barrier to large-scale development of these energy resources, compelling companies to remain cautious amid potential international disputes.

On the diplomatic front, Athens reiterated its position that it recognizes no dispute with Libya regarding these permits. Greece continues its commercial initiatives, emphasizing the legitimacy of its actions under European and international law. Meanwhile, Libya continues to leverage diplomatic resources to assert its territorial claims, supported by its strategic ally, Turkey. Future developments will depend on both parties’ capacity to engage in direct negotiations or escalate the dispute to an international body.

The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.
Brussels freezes its retaliatory measures for six months as July 27 deal imposes 15% duties on European exports.
Discussions between Tehran and Baghdad on export volumes and an $11 billion debt reveal the complexities of energy dependence under U.S. sanctions.
Facing US secondary sanctions threats, Indian refiners slow Russian crude purchases while exploring costly alternatives, revealing complex energy security challenges.
The 50% tariffs push Brasília toward accelerated commercial integration with Beijing and Brussels, reshaping regional economic balances.
Washington imposes massive duties citing Bolsonaro prosecution while exempting strategic sectors vital to US industry.
Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
Washington triggers an unprecedented tariff structure combining 25% fixed duties and an additional unspecified penalty linked to Russian energy and military purchases.
Qatar rejects EU climate transition obligations and threatens to redirect its LNG exports to Asia, creating a major energy dilemma.
Uganda is relying on a diplomatic presence in Vienna to facilitate technical and commercial cooperation with the International Atomic Energy Agency, supporting its ambitions in the civil nuclear sector.
The governments of Saudi Arabia and Syria conclude an unprecedented partnership covering oil, gas, electricity interconnection and renewable energies, with the aim of boosting their exchanges and investments in the energy sector.
The European commitment to purchase $250bn of American energy annually raises questions about its technical and economic feasibility in light of limited export capacity.
A major customs agreement sealed in Scotland sets a 15% tariff on most European exports to the United States, accompanied by significant energy purchase commitments and cross-investments between the two powers.
Qatar has warned that it could stop its liquefied natural gas deliveries to the European Union in response to the new European directive on due diligence and climate transition.
The Brazilian mining sector is drawing US attention as diplomatic discussions and tariff measures threaten to disrupt the balance of strategic minerals trade.
Donald Trump has raised the prospect of tariffs on countries buying Russian crude, but according to Reuters, enforcement remains unlikely due to economic risks and unfulfilled past threats.
Afghanistan and Turkmenistan reaffirmed their commitment to deepening their bilateral partnership during a meeting between officials from both countries, with a particular focus on major infrastructure projects and energy cooperation.
The European Union lowers the price cap on Russian crude oil and extends sanctions to vessels and entities involved in circumvention, as coordination with the United States remains pending.
Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.
Several international agencies have echoed warnings by Teresa Ribera, Vice-President of the European Commission, about commercial risks related to Chinese competition, emphasizing the EU's refusal to engage in a price war.