Cyprus-Forum.com

[kimon07]

Erdogan assures Fule that Turkish ships will not harass Noble
November 19, 2011 | Filed under: Geopolitics

AFTER Noble Energy said exploratory drilling off the coast of the island could yield between 3 trillion and 9 trillion cubic feet (tcf) of gas, Turkey has announced that its state-run oil company is close to a deal for both onshore and offshore exploration with Dutch energy giant Shell.
Turkey’s Energy Minister told the Hürriyet Daily News that the Turkish Petroleum Corporation (TPAO) and Shell will sign the agreement on November 23. Under the joint operation agreement, the exploration will cover the maritime areas of the southern province of Antalya.
Maps published in Turkish media showed that one of areas included in the agreement lies west of Cyprus, as close as 22 nautical miles south of the Akamas peninsula.The move comes amid a dispute between Nicosia and Ankara over exploration rights on seas surrounding the divided island. The government began exploration off its southeastern shore earlier this fall, a move that Turkey says violates the rights of Turkish Cypriots.
Turkey responded by conducting its own seismic studies on potential oil and gas reserves off the coast of the divided island.
Meanwhile, Turkish Prime Minister Tayyip Erdogan has reportedly assured EU Enlargement Commissioner Stefan Fule that Turkish warships would not harass Noble Energy’s drilling platform.
Turkish Cypriot daily Haberdar reported the deal would be signed on November 26 in Kyrenia. Attending the signing ceremony would be Yildiz, TPAO’s deputy-director and Shell representatives, the paper said, which claimed also that the ceremony would take place at Kyrenia’s Acapulco hotel.
As Nicosia prepares to launch a second offshore gas licensing round, Noble has proposed building an LNG plant on the island for processing and storing gas from both Israeli and Cypriot prospects.
At an analysts conference held in Houston, Texas, earlier this week Noble presented a number of alternatives for exploiting gas reserves in the Mediterranean.
Other than the Cyprus option, another solution would be to pipe the gas to Ashkelon in Israel and locate an LNG plant there. Alternatively, Noble could pipe its Israeli gas finds to the SEGAS LNG natural gas complex in Damietta, Egypt, or to the Egyptian LNG complex near Alexandria. A more ambitious plan is a pipeline from Ashkelon in Israel to the Gulf of Aqaba, for export to Near East markets, where natural gas sells at higher prices.
Noble’s presentation of alternatives was read in the local press as intended to jolt into action the government, which seems to be dragging its feet on its energy plans.
In the eastern Mediterranean as a whole, Noble said also has identified a total of 12 additional prospects with “estimated gross unrisked resource potential of more than 20 tcf” as well as a “total gross unrisked deep oil potential of 3.7 billion barrels of oil equivalent across the Company’s acreage.”
The administration recently appointed an energy advisory committee; Noble’s proposal for an LNG plant on the island dates back several months.
Source: cyprus-mail.com














http://www.defencegreece.com/index.php/ ... ass-noble/

[GreekIslandGirl]

Shell is a Dutch company - I doubt they would troll EU territory illegally - But this little turkish devil might ...

http://www.turcas.com.tr/en/page.php?lv ... oo&pg=pet2

[Viewpoint]

Turkey strikes oil, gas deal with Shell;

Two can play that game;

http://www.hurriyetdailynews.com/n.php? ... 2011-11-23

[B25]

Turkey strikes oil, gas deal with Shell;

Two can play that game;

http://www.hurriyetdailynews.com/n.php? ... 2011-11-23

Anyone can strike a deal with anyone, means nothing until you find something.

What have you found??? I'll tell you, sweet FA.

Now the RoC on the otherhand has a min of 3tcf of gas. And thats something SHOUT about.

Your stupid little games are becoming as pathetic as Halils with his constant propoganda BS he reports.

Now as long as you remain in Turkish waters thats fine, cos you have not signed the CLOTS agreements so anything goes if you strike it elsewhere. Oh I forgot, you have no legal EEZ have you???

[bill cobbett]

Turkey strikes oil, gas deal with Shell;

Two can play that game;

http://www.hurriyetdailynews.com/n.php? ... 2011-11-23

Turkey has every right to prospect in its own waters.

Despite the bravado you're trying to put on this VP, Shell will, like the CGGVeritas prospecting firm a few weeks ago, confine its activities to off-shore in the Bay of Antalya (and on-shore Turkey), well away from CY waters off the Republic's north coast.

If you're trying to convince yourself and others that international firms like Shell will put a single foot anywhere near CY waters, then you really ought to come back down to Earth.

Here you are, from your own link...

The agreement, which covers seismic research off the Mediterranean province of Antalya as well as onshore drilling work near the southeastern province of Diyarbakır, was signed between the state-run Turkish Petroleum Corporation (TPAO) and Shell. Seismic research will be conducted off Antalya until 2014, after which exploratory drilling will begin. Shell and TPAO will share output equally if oil or gas is found, TPAO general manager Mehmet Uysal said.

[Viewpoint]

Turkey strikes oil, gas deal with Shell;

Two can play that game;

http://www.hurriyetdailynews.com/n.php? ... 2011-11-23

Anyone can strike a deal with anyone, means nothing until you find something.

What have you found??? I'll tell you, sweet FA.

Now the RoC on the otherhand has a min of 3tcf of gas. And thats something SHOUT about.

Your stupid little games are becoming as pathetic as Halils with his constant propoganda BS he reports.

Now as long as you remain in Turkish waters thats fine, cos you have not signed the CLOTS agreements so anything goes if you strike it elsewhere. Oh I forgot, you have no legal EEZ have you???

You are right until they can announce a find they have nothing but dont forget no one signs a deal unless they have a very good chance of finding something, these reserves we known of a long time ago. Good luck with your find but you GCs still have to convert your find into hard cash to support your economy so that you don't have to go cap in hand to the Russians. Just imagine for a moment the Turks hit an even bigger find we will be thanking you guys for prompting the current action.

[B25]

We can economise, just cut the payments to the illegals on the occupied would save a packet. We could tax them when they come over. Gosh just the saving on the medical bill would save 2 gas fields.

Eitherway, whatever you find in your motherland thats your business, just stay the F away from ours.

[bill cobbett]

Turkey strikes oil, gas deal with Shell;

Two can play that game;

http://www.hurriyetdailynews.com/n.php? ... 2011-11-23

Anyone can strike a deal with anyone, means nothing until you find something.

What have you found??? I'll tell you, sweet FA.

Now the RoC on the otherhand has a min of 3tcf of gas. And thats something SHOUT about.

Your stupid little games are becoming as pathetic as Halils with his constant propoganda BS he reports.

Now as long as you remain in Turkish waters thats fine, cos you have not signed the CLOTS agreements so anything goes if you strike it elsewhere. Oh I forgot, you have no legal EEZ have you???

You are right until they can announce a find they have nothing but dont forget no one signs a deal unless they have a very good chance of finding something, these reserves we known of a long time ago. Good luck with your find but you GCs still have to convert your find into hard cash to support your economy so that you don't have to go cap in hand to the Russians. Just imagine for a moment the Turks hit an even bigger find we will be thanking you guys for prompting the current action.

Why do you so often feel that Turkey's actions must be a reaction, a tit-for-tat, for actions by the Republic VP????

Turkey has a massive import bill for oil and gas, in the Mega Billions of Lira range... surely it will do what it can to reduce that bill, to exploit its own resources, irrespective of anything the Republic does.

[Viewpoint]

You must admit that it was not even on the agenda until the GCs made a move, now only time will tell us if we thank the GCs or not.

[bill cobbett]

You must admit that it was not even on the agenda until the GCs made a move, now only time will tell us if we thank the GCs or not.

For goodness sake VP... do you not read the links you post!!!!...????

Again from the Hurriyet link you posted...

Energy and Natural Resources Minister Taner Yıldız rejected suggestions that the deal was a response in retaliation to Greek Cypriot and Israeli oil exploration off the coast of Cyprus.

“The deal is a result of technical work and has nothing to do with international speculation,” Yıldız said at a ceremony yesterday.

(Now if you'll excuse me, am off to carry on digging for gas in my back-yard here in North London as a retaliation for the Turkish drilling)