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OIL AND GAS
NATO chief to visit Turkey and Greece amid stand-off
by Staff Writers
Brussels (AFP) Oct 2, 2020

NATO Secretary General Jens Stoltenberg will visit senior government figures in Turkey and Greece next week, as the alliance tries to defuse a dangerous stand-off between the two member states.

Stoltenberg will be in Ankara on Monday to see Foreign Minister Mevlut Cavusoglu and in Athens on Tuesday for talks with Prime Minister Kyriakos Mitsotakis, his office said in a statement.

Greece and Turkey are both members of the Atlantic alliance but their own relations have plunged to new lows in recent weeks in a dispute over maritime borders and gas exploration.

Turkey's President Recep Tayyip Erdogan has revived a longstanding dispute about access to Greek waters around islands in the Aegean very close to Turkish shores.

Turkey deplored an exploration vessel with a naval escort to seek gas, infuriating Athens, and France deployed fighter jets to defend Greece and "EU sovereignty".

Tensions have begun to recede, after Germany led a European diplomatic outreach and Stoltenberg's NATO helped the neighbours set up a military hotline to head off accidental clashes.

But tensions are still high, and EU leaders meeting in Brussels on Thursday warned that Turkey could eventually face sanctions if its "provocations" persist.

Announcing the "de-confliction mechanism" on Thursday, Stoltenberg said it would "create the space for diplomatic efforts to address the underlying dispute and we stand ready to develop it further."


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OIL AND GAS
US grants Iraq new 60-day waiver to import Iranian gas
Baghdad (AFP) Sept 23, 2020
The US has granted Iraq a 60-day extension to a sanctions waiver allowing it to import Iranian gas for its crippled power grids, an Iraqi official told AFP on Wednesday. Baghdad relies on gas and electricity imports from its neighbour Tehran to supply about a third of its electricity sector, worn down by years of conflict and poor maintenance. The US blacklisted Iran's energy industry in late 2018 but has since granted its ally Baghdad a series of temporary waivers to stave off country-wide bla ... read more

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