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Cyprus government to set up company for natural gas import

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Cyprus government to set up company for natural gas import

Postby zan » Tue Nov 13, 2007 11:04 am

Is this legal...Tpap is lining his pockets once again and the GC people are watching as it happens.......


Cyprus government to set up company for natural gas import



12/11/2007

President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done as quickly as possible.
“We shall set up a company to import natural gas. This move is linked to the possibility of obtaining permission to declare our market an emerging market,” he said.
He explained that a market can be declared “emerging” only if there is an importer or when all the necessary preparations have been made to have somebody to import who will get the licence.
“We have invited the Cyprus Electricity Authority to participate in this company with a 39 percent stake. My understanding is that they have said they are not interested,” he said, adding that the government will go ahead with this decision.
He said he had given instructions to register a company and if the decision to declare the Cyprus market an emerging market is approved, the only importer who will be allowed to operate would be this company.
“If the company is not established,, it is possible that he who has a license – be it temporary of limited – will be the only one to be allowed to import gas,” he explained.
In this case, he added, neither the Electricity Authority nor the government will be included.
“That is why it is urgent to set up a company, make all the preparations for the import of natural gas, which will be on a long-term basis of 25-30 years, something which is not easy to achieve without inter-state agreements,” he pointed out.


http://www.financialmirror.com/more_news.php?id=8887 :roll: :roll:
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Re: Cyprus government to set up company for natural gas imp

Postby kafenes » Tue Nov 13, 2007 11:29 am

zan wrote:Is this legal...Tpap is lining his pockets once again and the GC people are watching as it happens.......


Cyprus government to set up company for natural gas import



12/11/2007

President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done as quickly as possible.
“We shall set up a company to import natural gas. This move is linked to the possibility of obtaining permission to declare our market an emerging market,” he said.
He explained that a market can be declared “emerging” only if there is an importer or when all the necessary preparations have been made to have somebody to import who will get the licence.
“We have invited the Cyprus Electricity Authority to participate in this company with a 39 percent stake. My understanding is that they have said they are not interested,” he said, adding that the government will go ahead with this decision.
He said he had given instructions to register a company and if the decision to declare the Cyprus market an emerging market is approved, the only importer who will be allowed to operate would be this company.
“If the company is not established,, it is possible that he who has a license – be it temporary of limited – will be the only one to be allowed to import gas,” he explained.
In this case, he added, neither the Electricity Authority nor the government will be included.
“That is why it is urgent to set up a company, make all the preparations for the import of natural gas, which will be on a long-term basis of 25-30 years, something which is not easy to achieve without inter-state agreements,” he pointed out.


http://www.financialmirror.com/more_news.php?id=8887 :roll: :roll:


Zan, it is up to the Southern Cypriots to decide what is right or wrong for us. I believe we are smart enough to figure out by ourselves without your help. We never bother to find out whose pockets the illegal casino earnings is lining. We are too busy getting on with our own business, and we have proved to be doing a good job of it.
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Re: Cyprus government to set up company for natural gas imp

Postby zan » Tue Nov 13, 2007 11:31 am

kafenes wrote:
zan wrote:Is this legal...Tpap is lining his pockets once again and the GC people are watching as it happens.......


Cyprus government to set up company for natural gas import



12/11/2007

President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done as quickly as possible.
“We shall set up a company to import natural gas. This move is linked to the possibility of obtaining permission to declare our market an emerging market,” he said.
He explained that a market can be declared “emerging” only if there is an importer or when all the necessary preparations have been made to have somebody to import who will get the licence.
“We have invited the Cyprus Electricity Authority to participate in this company with a 39 percent stake. My understanding is that they have said they are not interested,” he said, adding that the government will go ahead with this decision.
He said he had given instructions to register a company and if the decision to declare the Cyprus market an emerging market is approved, the only importer who will be allowed to operate would be this company.
“If the company is not established,, it is possible that he who has a license – be it temporary of limited – will be the only one to be allowed to import gas,” he explained.
In this case, he added, neither the Electricity Authority nor the government will be included.
“That is why it is urgent to set up a company, make all the preparations for the import of natural gas, which will be on a long-term basis of 25-30 years, something which is not easy to achieve without inter-state agreements,” he pointed out.


http://www.financialmirror.com/more_news.php?id=8887 :roll: :roll:


Zan, it is up to the Southern Cypriots to decide what is right or wrong for us. I believe we are smart enough to figure out by ourselves without your help. We never bother to find out whose pockets the illegal casino earnings is lining. We are too busy getting on with our own business, and we have proved to be doing a good job of it.


Sorry mate but what ever you guys do effects us and so we have a vested interest.
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Postby boomerang » Tue Nov 13, 2007 11:44 am

The only way it affects you is when you ain't gettig something for free from Turkey...Then you turn around and say it affects you...

In any case, a partitionist such as yourself, you want your own country, and then you want a slice from the others on top of it...

When do you think you will call it a day with your wants?...either you want your own country? or you want to be part of the RoC?...make up your mind...

What about graffitti mountain? do you think we want that?...or what about the wank me cloth erected on Pentadactylos?
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Re: Cyprus government to set up company for natural gas imp

Postby kafenes » Tue Nov 13, 2007 1:01 pm

zan wrote:
kafenes wrote:
zan wrote:Is this legal...Tpap is lining his pockets once again and the GC people are watching as it happens.......


Cyprus government to set up company for natural gas import



12/11/2007

President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done as quickly as possible.
“We shall set up a company to import natural gas. This move is linked to the possibility of obtaining permission to declare our market an emerging market,” he said.
He explained that a market can be declared “emerging” only if there is an importer or when all the necessary preparations have been made to have somebody to import who will get the licence.
“We have invited the Cyprus Electricity Authority to participate in this company with a 39 percent stake. My understanding is that they have said they are not interested,” he said, adding that the government will go ahead with this decision.
He said he had given instructions to register a company and if the decision to declare the Cyprus market an emerging market is approved, the only importer who will be allowed to operate would be this company.
“If the company is not established,, it is possible that he who has a license – be it temporary of limited – will be the only one to be allowed to import gas,” he explained.
In this case, he added, neither the Electricity Authority nor the government will be included.
“That is why it is urgent to set up a company, make all the preparations for the import of natural gas, which will be on a long-term basis of 25-30 years, something which is not easy to achieve without inter-state agreements,” he pointed out.


http://www.financialmirror.com/more_news.php?id=8887 :roll: :roll:


Zan, it is up to the Southern Cypriots to decide what is right or wrong for us. I believe we are smart enough to figure out by ourselves without your help. We never bother to find out whose pockets the illegal casino earnings is lining. We are too busy getting on with our own business, and we have proved to be doing a good job of it.


Sorry mate but what ever you guys do effects us and so we have a vested interest.


Sorry zan, but I think (and it looks like it) that jealousy is killing you and any fabrications to make us look bad will make you feel better.
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Re: Cyprus government to set up company for natural gas imp

Postby zan » Tue Nov 13, 2007 5:28 pm

kafenes wrote:
zan wrote:
kafenes wrote:
zan wrote:Is this legal...Tpap is lining his pockets once again and the GC people are watching as it happens.......


Cyprus government to set up company for natural gas import



12/11/2007

President Tassos Papadopoulos said that the government will take all necessary steps to help set up a company for the import of natural gas. This, he pointed out, has to be done as quickly as possible.
“We shall set up a company to import natural gas. This move is linked to the possibility of obtaining permission to declare our market an emerging market,” he said.
He explained that a market can be declared “emerging” only if there is an importer or when all the necessary preparations have been made to have somebody to import who will get the licence.
“We have invited the Cyprus Electricity Authority to participate in this company with a 39 percent stake. My understanding is that they have said they are not interested,” he said, adding that the government will go ahead with this decision.
He said he had given instructions to register a company and if the decision to declare the Cyprus market an emerging market is approved, the only importer who will be allowed to operate would be this company.
“If the company is not established,, it is possible that he who has a license – be it temporary of limited – will be the only one to be allowed to import gas,” he explained.
In this case, he added, neither the Electricity Authority nor the government will be included.
“That is why it is urgent to set up a company, make all the preparations for the import of natural gas, which will be on a long-term basis of 25-30 years, something which is not easy to achieve without inter-state agreements,” he pointed out.


http://www.financialmirror.com/more_news.php?id=8887 :roll: :roll:


Zan, it is up to the Southern Cypriots to decide what is right or wrong for us. I believe we are smart enough to figure out by ourselves without your help. We never bother to find out whose pockets the illegal casino earnings is lining. We are too busy getting on with our own business, and we have proved to be doing a good job of it.


Sorry mate but what ever you guys do effects us and so we have a vested interest.


Sorry zan, but I think (and it looks like it) that jealousy is killing you and any fabrications to make us look bad will make you feel better.



That's not what I meant Kafenes and I am surprised at your reaction to be honest.....The question is if Tpap is allowed to open businesses like he is doing...No doubt it will be in his sons name anyway but can he do this as head of state....The reason I said that it effects us is not that I want some of it...You can have the lot as far as I am concerned because the pipe lines from Turkey will sort ours out, but because your corrupt leaders actions effect us as in embargoes and recognition. Apart from that you are free to do as you wish as you would expect... :roll:
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Postby zan » Wed Nov 14, 2007 11:19 am

Decision to switch to natural gas postponed
A CRUNCH meeting of EAC leaders was postponed yesterday, putting off a decision on whether to go along with plans for switching to natural gas as the primary power fuel.

The government aims to set up a public corporation which, as President Papadopoulos clarified yesterday, will import and distribute natural gas to consumers. The EAC has been offered a 39 per cent stake in the proposed venture.

The remaining 61 per cent would be in the hands of the state.

The government wants the corporation to be up and running as soon as possible, because that would convince the EU to grant Cyprus “emergent”, or protected, status for the natural gas industry.

The island’s lack of links to natural gas pipelines is the main reason for applying for emergent status.

The EAC, which has traditionally held a monopoly on the energy market, agrees on general principle. But it is fiercely against one facet of the government plans, which involves launching tenders for an offshore terminal processing liquefied natural gas.

The floating unit would be owned and operated by a private company.

Fearing for the future of the EAC, militant unions say it makes no sense to create a public corporation if, at the end of the day, they would buy the fuel from a private interest at market rates.

Unionists have called the floating unit a “Trojan Horse.”

Giannos Valanides, vice-chairman of the EAC, said there are a lot of inconsistencies in government policy.

Once an offshore unit was in place, and natural gas available, there would be no reason left to pour hundreds of millions of pounds into building a land-based facility—also part of the government’s stated policy.

“Yes, we are interested in joining the public corporation, but first we need to clarify legal issues, such as what constitutes an emergent market,” said Valanides.

The EAC board had been due to discuss the issue yesterday, but the powwow was postponed until next week because chairman Charilaos Stavrakis could not attend as he was abroad.

It was not clear whether this was a tactical maneuver by Stavrakis, who has been at loggerheads with the government in the LNG debacle.

On Monday, Commerce Minister Antonis Michaelides accused Stavrakis and other board members of beating about the bush.

And he suggested Stavrakis should do the logical thing and quit if he disagreed with government policy.

There has been no end to the confusion over the advent of natural gas. The waters have been muddied further by politics, after allegations that the President’s law office was behind front companies who would act as the Cypriot branch of the foreign venture poised to bid for the floating terminal.

Critics of government policy also wonder why the insistence on a floating unit, given that, by official admission, the unit would be operational for no longer than 19 months.

As Solon Kassinis, head of the governmental Energy Agency said yesterday, the offshore facility would cost some $250 million—posing the question whether this massive investment could turn profitable within a mere 19 months.


Copyright © Cyprus Mail 2007
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Postby kafenes » Wed Nov 14, 2007 12:02 pm

zan wrote:

That's not what I meant Kafenes and I am surprised at your reaction to be honest.....The question is if Tpap is allowed to open businesses like he is doing...No doubt it will be in his sons name anyway but can he do this as head of state....The reason I said that it effects us is not that I want some of it...You can have the lot as far as I am concerned because the pipe lines from Turkey will sort ours out, but because your corrupt leaders actions effect us as in embargoes and recognition. Apart from that you are free to do as you wish as you would expect...


Zan, do you honestly think that any private business Tpap is involved with, effects you in embargoes and recognition? You just have it against the guy and with the slightest excuse will try and make him look bad. He is a tough cookie and he acts for the majority of the GC community. I realise you got yourselves in this catch 22 situation unwillingly, we would like to help you but you are not in the situation to let us.
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Postby zan » Thu Nov 15, 2007 11:08 am

kafenes wrote:zan wrote:

That's not what I meant Kafenes and I am surprised at your reaction to be honest.....The question is if Tpap is allowed to open businesses like he is doing...No doubt it will be in his sons name anyway but can he do this as head of state....The reason I said that it effects us is not that I want some of it...You can have the lot as far as I am concerned because the pipe lines from Turkey will sort ours out, but because your corrupt leaders actions effect us as in embargoes and recognition. Apart from that you are free to do as you wish as you would expect...


Zan, do you honestly think that any private business Tpap is involved with, effects you in embargoes and recognition? You just have it against the guy and with the slightest excuse will try and make him look bad. He is a tough cookie and he acts for the majority of the GC community. I realise you got yourselves in this catch 22 situation unwillingly, we would like to help you but you are not in the situation to let us.


No really I love the guy Kafenes..He is a friend of my people...... :roll: :roll: :roll: His corruption always effects the TRNc and who do you think is controlling the embargoes and the persecution of them. His own people have highlighted the wrong in what he is doing and the more powerful he gets the more we suffer.
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Postby kafenes » Fri Nov 16, 2007 2:41 am

zan wrote:
kafenes wrote:zan wrote:

That's not what I meant Kafenes and I am surprised at your reaction to be honest.....The question is if Tpap is allowed to open businesses like he is doing...No doubt it will be in his sons name anyway but can he do this as head of state....The reason I said that it effects us is not that I want some of it...You can have the lot as far as I am concerned because the pipe lines from Turkey will sort ours out, but because your corrupt leaders actions effect us as in embargoes and recognition. Apart from that you are free to do as you wish as you would expect...


Zan, do you honestly think that any private business Tpap is involved with, effects you in embargoes and recognition? You just have it against the guy and with the slightest excuse will try and make him look bad. He is a tough cookie and he acts for the majority of the GC community. I realise you got yourselves in this catch 22 situation unwillingly, we would like to help you but you are not in the situation to let us.


No really I love the guy Kafenes..He is a friend of my people...... :roll: :roll: :roll: His corruption always effects the TRNc and who do you think is controlling the embargoes and the persecution of them. His own people have highlighted the wrong in what he is doing and the more powerful he gets the more we suffer.


Zan, it's not his corruption that effects you but his decision. He acts for and represents the majority of Cypriots, if they didn't like what he did they would not vote for him and take my word, they will vote for him again, including myself. I do like the guy and he happens to be a fan of mine. :)
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