Tag: Greece maritime boundaries

The strategic relevance of the Greek and Cypriot EEZs can be further perceived if noted that Greece and Cyprus stand at the crossroad of three continents and jointly share a common border with another ten countries, out of which with eight of them common sea borders also exist. This modification of the Mediterranean geography is certainly directly related to the application to issues of fisheries, circular economy renewable energy policies and offshore energy challenges. However, if we further consider the outlook shaped in the offshore production of hydrocarbons in Greece, Cyprus and Israel, briefly portrayed by the ex-Greek PM as having the potential to cover half of the needs in natural gas in Europe in the coming 30 years, we realize that it is no hyperbole to consider the Mediterranean as the Middle-East of the 21st century.