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Folks get ready for the EU's Mediterranean Stream

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Re: Folks get ready for the EU's Mediterranean Stream

Postby kimon07 » Mon Jan 02, 2012 9:58 pm

Cyprus: Vitol to Start Building a 340,000-cubic-metre Storage Facility in Cyprus
Reuters
Wednesday, December 08, 2010

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Vitol [VITOLV.UL], one of the world's largest independent energy traders, said it will start building work on a 340,000-cubic-metre storage facility for gasoline, diesel and jet fuel and on a distribution terminal in Cyprus next month.

http://www.energia.gr/article_en.asp?art_id=23488

Did not see that before.
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Re: Folks get ready for the EU's Mediterranean Stream

Postby CBBB » Mon Jan 02, 2012 10:11 pm

kimon07 wrote:Cyprus: Vitol to Start Building a 340,000-cubic-metre Storage Facility in Cyprus
Reuters
Wednesday, December 08, 2010

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Vitol [VITOLV.UL], one of the world's largest independent energy traders, said it will start building work on a 340,000-cubic-metre storage facility for gasoline, diesel and jet fuel and on a distribution terminal in Cyprus next month.

http://www.energia.gr/article_en.asp?art_id=23488

Did not see that before.


They have been talking about this for some time, and luckily they didn't start on it before El Presidente had his little accident next door!
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Re: Folks get ready for the EU's Mediterranean Stream

Postby humanist » Mon Jan 02, 2012 10:25 pm

We are the champions, we are the Champions of Europa :)
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Re: Folks get ready for the EU's Mediterranean Stream

Postby kimon07 » Tue Jan 03, 2012 12:24 pm

The Reuters report is of December 8th. So the works start soon this month? Grate news. This means that they have no doubts that the first reserves found in 12 are worth it (and together with those of Israel, even more so).
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