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Noble Cyprus Indications of 10 Trillion cf Gas in Block 12

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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby GreekIslandGirl » Tue Nov 08, 2011 11:40 pm

kurupetos wrote:What are the chances of a nuclear power plant in Cyprus? :D (I just need a job)


Are you Homer Simpson?
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby kurupetos » Tue Nov 08, 2011 11:49 pm

GreekIslandGirl wrote:
kurupetos wrote:What are the chances of a nuclear power plant in Cyprus? :D (I just need a job)


Are you Homer Simpson?

I wish. :lol:
No, I'm just an unemployed nuclear scientist. The RoC rejected my proposal for WMD. :cry:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby GreekIslandGirl » Wed Nov 09, 2011 12:00 am

kurupetos wrote:
GreekIslandGirl wrote:
kurupetos wrote:What are the chances of a nuclear power plant in Cyprus? :D (I just need a job)


Are you Homer Simpson?

I wish. :lol:
No, I'm just an unemployed nuclear scientist. The RoC rejected my proposal for WMD. :cry:


Try Iran.
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby bill cobbett » Wed Nov 09, 2011 12:07 am

Oh Gawd! Is CF big enough for Two Mad Scientists? ... :D
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Kikapu » Wed Nov 09, 2011 1:26 am

CBBB wrote:According to Sigmalive this is worth $38 billion!!!! :shock: :shock: :shock: :shock:

http://www.sigmalive.com/news/local/435805



I don't want to sound too pompous or anything, but, I expected for the Gas finds to be worth a lot more money than the $38 Billion suggested for Block 12.

Now, if ALL individual Blocks are each worth $38 Billion plus, then we are taking about serious money here. :lol:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby bill cobbett » Wed Nov 09, 2011 1:34 am

Kikapu wrote:
CBBB wrote:According to Sigmalive this is worth $38 billion!!!! :shock: :shock: :shock: :shock:

http://www.sigmalive.com/news/local/435805



I don't want to sound too pompous or anything, but, I expected for the Gas finds to be worth a lot more money than the $38 Billion suggested for Block 12.

Now, if ALL individual Blocks are each worth $38 Billion plus, then we are taking about serious money here. :lol:


Have just tried to do a few calculations using these figures, to do a per person calculation... but the display on the calculator isn't wide enough... :D
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby repulsewarrior » Wed Nov 09, 2011 1:55 am

kurupetos wrote:What are the chances of a nuclear power plant in Cyprus? :D (I just need a job)


...ask Turkey's PM, he has plans for them, "and they'll be portable", too!
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Kikapu » Wed Nov 09, 2011 1:56 am

bill cobbett wrote:
Kikapu wrote:
CBBB wrote:According to Sigmalive this is worth $38 billion!!!! :shock: :shock: :shock: :shock:

http://www.sigmalive.com/news/local/435805



I don't want to sound too pompous or anything, but, I expected for the Gas finds to be worth a lot more money than the $38 Billion suggested for Block 12.

Now, if ALL individual Blocks are each worth $38 Billion plus, then we are taking about serious money here. :lol:


Have just tried to do a few calculations using these figures, to do a per person calculation... but the display on the calculator isn't wide enough... :D


It's about $38,000 per person, just for Block 12.

If ALL 12 blocks have a equal value, then it's about $456,000 per person based on 1 million population. Now we are talking! :lol:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Get Real! » Wed Nov 09, 2011 1:57 am

But if it has to be converted to LNG what's that gonna cost? :?
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby bill cobbett » Wed Nov 09, 2011 2:17 am

Get Real! wrote:But if it has to be converted to LNG what's that gonna cost? :?


The GB and Norway example in the North Sea is that the extractors pay taxes on the value of the gas/oil they extract with any business costs such as extraction and conversion costs being allowed as an off-set against tax liabilities in the normal way, in other words a tax on profits.

Question is what arrangement has been made between the Republic and Noble???
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