Strait Talk

Italy Signs $8B Gas Deal With Libya Despite Ongoing Political Turmoil

8 billion dollars. That's how much Saturday's gas deal between Italy and Libya's Tripoli based government is worth. The agreement, signed during a visit by Italy's Prime Minister Giorgia Meloni, will tap Libya's offshore gas reserves, boosting both the domestic market and exports. But analysts warn that any deal with Libya comes with risks, where a deep political divide is paralyzing the government and raising risks of renewed violence. Under the deal, Italian energy giant Eni will develop two offshore gas fields, with goals of reaching an output plateau of 21 million cubic meters per day by 2026. The chief of Libya's National Oil Corporation hailed the deal as the country's most important energy investment in a quarter century. Prime Minister Meloni who was on an energy trip to Algeria a week earlier, is working to shore up alternatives to Russian gas. Moscow which also has close ties with Algeria and Libya's eastern government, is currently seeing its energy exports to Europe dry up over its continuing assault on Ukraine. Guests: Abdennour Toumi North Africa Researcher at ORSAM Umberto Profazio Associate Fellow at IISS

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

China’s Xi Tells Putin ‘They Are Driving Changes Not Seen in a 100 Years.’ What Did He Mean?

China’s Xi Tells Putin ‘They Are Driving Changes Not Seen in a 100 Years.’ What Did He Mean?

EU Donors' Conference Raises $7.5B For Türkiye and Syria

EU Donors' Conference Raises $7.5B For Türkiye and Syria

Ukraine Grain Deal Extended As Tensions Rise In Black Sea

Ukraine Grain Deal Extended As Tensions Rise In Black Sea

Turkish FM Visits Egypt For the First Time In a Decade

Turkish FM Visits Egypt For the First Time In a Decade

Turkish Parliament To Vote On Ratifying Finland's NATO Membership

Turkish Parliament To Vote On Ratifying Finland's NATO Membership

Turkic States Gather in Ankara To Plan For Future Disasters

Turkic States Gather in Ankara To Plan For Future Disasters

Türkiye Moves to Become Eurasia's Supply, Transport and Energy Hub

Türkiye Moves to Become Eurasia's Supply, Transport and Energy Hub

Türkiye Moves to Become Eurasia's Supply, Transport and Energy Hub

Türkiye Moves to Become Eurasia's Supply, Transport and Energy Hub

Is China Sidelining the US to Become the New Power Broker in the Middle East?

Is China Sidelining the US to Become the New Power Broker in the Middle East?

Strait Talk Visits the Port of Mersin, a Diplomatic and Quake Relief Hub

Strait Talk Visits the Port of Mersin, a Diplomatic and Quake Relief Hub

Strait Talk Goes to the Epicentre of Türkiye’s Feb 6 Earthquakes

Strait Talk Goes to the Epicentre of Türkiye’s Feb 6 Earthquakes

Should the West Be Worried About South Africa's Naval Drill With Russia and China?

Should the West Be Worried About South Africa's Naval Drill With Russia and China?

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