The Best Cyprus Community

Skip to content


Cyprus – Finally, energy security for the EU.

Benefits and problems from the EU membership.

Re: Cyprus – Finally, energy security for the EU.

Postby kimon07 » Thu Sep 12, 2013 9:53 am

Long-awaited flame ignited at Block 12

Cyprus Home — 12 September 2013
By Poly Pantelides

THE long-awaited offshore natural gas production test got underway yesterday and the flame was finally ignited following the repair of a glitch that temporarily halted the process last week.
Charles Ellinas, chairman of the Cyprus National Hydrocarbons Company, said that what is known as a drill stem test at the Block 12 concession operated by US-based Noble Energy, started yesterday morning.
http://www.cyprusgasnews.com/archives/3357
kimon07
Main Contributor
Main Contributor
 
Posts: 3386
Joined: Sun Oct 16, 2011 9:22 am

Re: Cyprus – Finally, energy security for the EU.

Postby kimon07 » Thu Sep 12, 2013 9:55 am

Cyprus Potential Vast Natural Gas Reserves on the Table

Cyprus is making headlines these days due to its centrality in the EU banking and debt crisis, but it’s also one of the few areas in Europe where potentially vast unexplored natural gas reserves are to be found offshore.
In a recent international energy seminar organized by the Greek Institute of Energy of South East Europe (ΙΕΝΕ), interesting facts and data were presented by scientists and market experts that shed light to a series of fascinating developments that will shape to an extent the energy game in Europe.
Presently six sea blocks of Cyprus have been awarded for research to international companies (Blocks: 2, 3, 9, 10, and 12). The President of the Cyprus agency for hydrocarbons (KRETYK), Charalambos Ellinas, stated that his organization estimates around 40 trillion cubic feet could be found only in these 6 blocks and that by 2020 the country could export around 2 trillion cf per annum to world markets, an impressive amount, enough to cover the needs of a country like France. Already French Total, Italian Eni and Korean KOGAS have bought research and exploration rights and Noble Energy in Block 12 has made the first discovery of an estimated 3.5 TCF. The total capital expenditure for the six blocks over the coming years is estimated at $2 billion and Ellinas also commented that his agency assumes that block 9 (to be researched by Total) most probably contains twice as much gas as the 12 one.

http://www.naturalgaseurope.com/cyprus- ... s-reserves
kimon07
Main Contributor
Main Contributor
 
Posts: 3386
Joined: Sun Oct 16, 2011 9:22 am

Re: Cyprus – Finally, energy security for the EU.

Postby kurupetos » Thu Sep 12, 2013 10:24 am

kimon07 wrote:
kurupetos wrote:
B25 wrote:Hardly, more like puts a souvla across the flame!!

So much heat shouldn't go to waste! :mrgreen:


Put the meat back into the fridge.

It's been posponed for tomorrow

GR!'s pitiful life has been extended. :mrgreen:
User avatar
kurupetos
Leading Contributor
Leading Contributor
 
Posts: 17912
Joined: Tue Jul 31, 2007 7:46 pm
Location: Cyprus

Re: Cyprus – Finally, energy security for the EU.

Postby kurupetos » Thu Sep 12, 2013 10:25 am

bill cobbett wrote:Do so hope the CY Media have got their act together and get us a picky of the flame.

It should be saved for next Easter's Labradja. :lol:
User avatar
kurupetos
Leading Contributor
Leading Contributor
 
Posts: 17912
Joined: Tue Jul 31, 2007 7:46 pm
Location: Cyprus

Re: Cyprus – Finally, energy security for the EU.

Postby DT. » Thu Sep 12, 2013 12:46 pm

http://www.sigmalive.com/news/local/64699

It gets ignited at 1:25

Guess we're in the oil and gas business now.
User avatar
DT.
Leading Contributor
Leading Contributor
 
Posts: 12200
Joined: Sun Nov 12, 2006 8:34 pm
Location: Lefkosia

Re: Cyprus – Finally, energy security for the EU.

Postby Get Real! » Thu Sep 12, 2013 12:59 pm

DT. wrote:http://www.sigmalive.com/news/local/64699

It gets ignited at 1:25

Guess we're in the oil and gas business now.

Sirta bagidakia bano tsie bao na fero des sheftalies…
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 40449
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Cyprus – Finally, energy security for the EU.

Postby Get Real! » Thu Sep 12, 2013 1:00 pm

“ENI Eyes Transporting Israeli Gas to Cyprus”

http://www.energytribune.com/79139/eni- ... tNj9V.dpbs
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 40449
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

Re: Cyprus – Finally, energy security for the EU.

Postby GreekIslandGirl » Thu Sep 12, 2013 1:18 pm

Get Real! wrote:“ENI Eyes Transporting Israeli Gas to Cyprus”

http://www.energytribune.com/79139/eni- ... tNj9V.dpbs


Out of all Europeans available, the Italians should be the last people we should allow to get involved with Cyprus' affairs.
User avatar
GreekIslandGirl
Main Contributor
Main Contributor
 
Posts: 8954
Joined: Sat Oct 15, 2011 1:03 am

Re: Cyprus – Finally, energy security for the EU.

Postby kimon07 » Thu Sep 12, 2013 2:19 pm

bill cobbett wrote:Do so hope the CY Media have got their act together and get us a picky of the flame.


Have no worries, I'll se to that :wink:
kimon07
Main Contributor
Main Contributor
 
Posts: 3386
Joined: Sun Oct 16, 2011 9:22 am

Re: Cyprus – Finally, energy security for the EU.

Postby Get Real! » Thu Sep 12, 2013 2:21 pm

GreekIslandGirl wrote:
Get Real! wrote:“ENI Eyes Transporting Israeli Gas to Cyprus”

http://www.energytribune.com/79139/eni- ... tNj9V.dpbs


Out of all Europeans available, the Italians should be the last people we should allow to get involved with Cyprus' affairs.

Why is that?
User avatar
Get Real!
Forum Addict
Forum Addict
 
Posts: 40449
Joined: Mon Feb 26, 2007 12:25 am
Location: Nicosia

PreviousNext

Return to Cyprus and the European Union

Who is online

Users browsing this forum: No registered users and 0 guests