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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 kurupetos » Thu Nov 17, 2011 4:03 pm

Get Real! wrote:My tricycle is blue! 8)

Greek wannabe, eh? :evil: :lol:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Get Real! » Mon Nov 21, 2011 2:15 am

The Vassilikos LNG Plant: - A Reality Check
http://famagusta-gazette.com/the-vassil ... 542-69.htm
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby bill cobbett » Mon Nov 21, 2011 7:48 pm

Get Real! wrote:The Vassilikos LNG Plant: - A Reality Check
http://famagusta-gazette.com/the-vassil ... 542-69.htm


Yes, an LPG plant at Vassilikos or anywhere else is gonna be big in area and hugely, hugely, mega expensive.

Have heard of a cost of somewhere between 5 - 10 Billion Euros!!!

An alternative may be to transport the gas in a compressed gas state. There are advantages in that it costs a lot, lot less for the infrastructure, indeed it can be pumped straight in to purpose built ships from a well-head buoy and it's a system that can be up and ready in a couple of years.

There is a disadvantage in that the amount of gas transported with each shipment is only in the order of one-quarter of the equivalent shipping of the gas as liquid in LPG form.

Very much a system of transport that is in its commercial infancy.

More on compressed gas transport at commercial sites such as http://www.coselle.com/ or at http://www.kikapusgasbags.com
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Get Real! » Mon Nov 21, 2011 10:35 pm

Watched xtofias board the platform on the news and some in the background were looking at him funny… it’s like they wanted to throw him overboard! :? :lol:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby kurupetos » Mon Nov 21, 2011 11:12 pm

bill cobbett wrote:
Get Real! wrote:The Vassilikos LNG Plant: - A Reality Check
http://famagusta-gazette.com/the-vassil ... 542-69.htm


Yes, an LPG plant at Vassilikos or anywhere else is gonna be big in area and hugely, hugely, mega expensive.

Have heard of a cost of somewhere between 5 - 10 Billion Euros!!!

An alternative may be to transport the gas in a compressed gas state. There are advantages in that it costs a lot, lot less for the infrastructure, indeed it can be pumped straight in to purpose built ships from a well-head buoy and it's a system that can be up and ready in a couple of years.

There is a disadvantage in that the amount of gas transported with each shipment is only in the order of one-quarter of the equivalent shipping of the gas as liquid in LPG form.

Very much a system of transport that is in its commercial infancy.

More on compressed gas transport at commercial sites such as http://www.coselle.com/ or at http://www.kikapusgasbags.com

Our plans should involve Greece at any cost. :wink:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Viewpoint » Mon Nov 21, 2011 11:28 pm

When will the money start rolling in???
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby kurupetos » Mon Nov 21, 2011 11:30 pm

Viewpoint wrote:When will the money start rolling in???

Are you waiting for your share? :lol:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby Viewpoint » Mon Nov 21, 2011 11:32 pm

No, just wondered if you will pay back the Russians first?
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby kurupetos » Mon Nov 21, 2011 11:41 pm

Viewpoint wrote:No, just wondered if you will pay back the Russians first?

You are a simple mind VP. The Russian loan was not a real one. :wink:
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Re: Noble Cyprus Indications of 10 Trillion cf Gas in Block

Postby kurupetos » Mon Nov 21, 2011 11:46 pm

The loan, which amounts to about 14 percent of the Cypriot economy, may benefit both countries as it gives Cyprus time to put its budget in order and will allow Russian companies to continue using the island as a vehicle for their domestic investment, according to Alexander Michaelides, director of the Center of Banking and Finance at the University of Cyprus.


http://www.businessweek.com/news/2011-1 ... -says.html
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