Early this year American energy giant Chevron expressed interest in exploring for hydrocarbons in Greek waters off the coast of the Peloponnese. Just a few weeks ago, it expressed new interest in areas south of Crete. This vote of confidence is not only raising questions about what potential discoveries could mean for Greece and Europe, but are also delivering an important win for international law as they essentially “kill” the illegal Turkish-Libyan accord. John Psaropoulos joins Thanos Davelis as we look into why energy giants like Chevron and Exxon are looking at Greece, and break down why Chevron’s moves south of Crete are a victory for international law.
John Psaropoulos is an independent journalist and Al Jazeera's correspondent in southeast Europe. He also publishes Hellenica, a weekly deep dive into Greek current affairs and history that you can find on Substack.com.
You can read the articles we discuss on our podcast here:
Gas interest off Crete kills Turkish-Libyan accord EU once denounced as “illegal"
Greece to repay first bailout loans by 2031, 10 years early
Erdogan's main rival in Turkey makes first court appearance since arrest