Cyprus-Forum.com

[Get Real!]

Cyprus drilling has begun.. Billions and billions of our natural gas will be shipped to Europe.. exagogoume tous portous mas . … mashallah..

Drilling has been going on for about a decade. How much gas did they take out so far?

You really are being taken for a fool and they play you like a fuckin fiddle.

You don’t know what you’re talking about Lordo, but then again the same goes for pretty much every subject you touch!

Any drilling done at the onset was to estimate gas quantities as part of feasibility studies; a stage that was completed ages ago.

The project had since progressed through many stages to the point where pipeline laying was imminent.

However, due to all the recent climate bollocks, the EU adopted renewable energy legislation and has set 2050 as a deadline for phasing out such carbon-based energy solutions, so the viability study now has to take that into consideration.

Essentially the question now is whether the $6-7 billion cost of pipeline infrastructure is worth gas exportation of a mere 25 years. (2025..2050)

Basically the EU has shot itself in the foot by introducing conflicting "climate control" legislation at a very late stage, so it's not Cyprus’ fault.

Chances are that it won’t be feasible now but that doesn’t mean the project is dead for there are alternative solutions such as shipping the gas into Europe without the need of any pipelines.

So there you go Lordo… now you are a learned man with respect to the EastMed pipeline project.

[Get Real!]

The EastMed project debacle is a classic example of why the EU is an incompetent and wasteful monstrosity that should be disbanded.

They fork out billions of euros for a bunch of projects today only to then kill them off 5 years later, by introducing conflicting legislation!

The EU doesn’t even have a conflict-avoidance mechanism to prevent itself from constantly shooting itself in the foot!

Such gigantic entities never work and need to be broken down into smaller manageable entities.

[Kikapu]

Cyprus drilling has begun.. Billions and billions of our natural gas will be shipped to Europe.. exagogoume tous portous mas . … mashallah..

Drilling has been going on for about a decade. How much gas did they take out so far?

You really are being taken for a fool and they play you like a fuckin fiddle.

You don’t know what you’re talking about Lordo, but then again the same goes for pretty much every subject you touch!

Any drilling done at the onset was to estimate gas quantities as part of feasibility studies; a stage that was completed ages ago.

The project had since progressed through many stages to the point where pipeline laying was imminent.

However, due to all the recent climate bollocks, the EU adopted renewable energy legislation and has set 2050 as a deadline for phasing out such carbon-based energy solutions, so the viability study now has to take that into consideration.

Essentially the question now is whether the $6-7 billion cost of pipeline infrastructure is worth gas exportation of a mere 25 years. (2025..2050)

Basically the EU has shot itself in the foot by introducing conflicting "climate control" legislation at a very late stage, so it's not Cyprus’ fault.

Chances are that it won’t be feasible now but that doesn’t mean the project is dead for there are alternative solutions such as shipping the gas into Europe without the need of any pipelines.

So there you go Lordo… now you are a learned man with respect to the EastMed pipeline project.

There is a good chance that the pipeline will be built to go to Egypt instead to carry the gas from the Israeli, Cypriot and Egyptian gas fields for the reasons GR has stated. First it will be much cheaper to lay the pipeline and secondly, Egypt does not have 2050 as the deadline to use renewable energy, therefore the gas will be used mainly by 3rd world countries like Egypt and then ship the rest to others in the form LNG/LPG.

[Londonrake]

The EastMed project debacle is a classic example of why the EU is an incompetent and wasteful monstrosity that should be disbanded.

They fork out billions of euros for a bunch of projects today only to then kill them off 5 years later, by introducing conflicting legislation!

The EU doesn’t even have a conflict-avoidance mechanism to prevent itself from constantly shooting itself in the foot!

Such gigantic entities never work and need to be broken down into smaller manageable entities.

We could call them sovereign countries.

[Lordo]

Cyprus drilling has begun.. Billions and billions of our natural gas will be shipped to Europe.. exagogoume tous portous mas . … mashallah..

Drilling has been going on for about a decade. How much gas did they take out so far?

You really are being taken for a fool and they play you like a fuckin fiddle.

You don’t know what you’re talking about Lordo, but then again the same goes for pretty much every subject you touch!

Any drilling done at the onset was to estimate gas quantities as part of feasibility studies; a stage that was completed ages ago.

The project had since progressed through many stages to the point where pipeline laying was imminent.

However, due to all the recent climate bollocks, the EU adopted renewable energy legislation and has set 2050 as a deadline for phasing out such carbon-based energy solutions, so the viability study now has to take that into consideration.

Essentially the question now is whether the $6-7 billion cost of pipeline infrastructure is worth gas exportation of a mere 25 years. (2025..2050)

Basically the EU has shot itself in the foot by introducing conflicting "climate control" legislation at a very late stage, so it's not Cyprus’ fault.

Chances are that it won’t be feasible now but that doesn’t mean the project is dead for there are alternative solutions such as shipping the gas into Europe without the need of any pipelines.

So there you go Lordo… now you are a learned man with respect to the EastMed pipeline project.

Jesus why could I not think all of that.

So you think extracting gas at a huge cost because of its location, converting it to liquid, transporting it and than converting it back to gas is a viable option when the EU is heading for renewable energy? I would like to know where you were learned your education.

Here is a few thoughts for your once cell brain.

For years we have been warning that the construction of the EastMed pharaoh pipeline between Greece, Cyprus and Israel is impossible.
- Its construction would be very expensive. Any of his operations would be environmentally dangerous. Its product, natural gas, in a few years, will be unwanted in Europe, as the EU has decided after 2050 not to use fossil fuels, due to climate change.
- But mainly it had an unlawful goal to exclude Turkey from energy sources and cooperation of the Eastern Mediterranean. This was not possible to be accepted by her, but also other powerful players in the area.
- In the Greece-Cyprus-Israel agreement for EastMed, Turkey responded with the summary of the Turkish-Libyan Agreement. And he sent the research ship "Oruts Race" to implement it on the field.
- The leaders of Greece and Cyprus tried to establish the solution of the Greek-Turkish differences and the Cyprus one, with the three-party cooperation between Greece-Cyprus-Israel and Greece-Cyprivate-Egypt.
- With the signature for EastMed and the great publicity they gave, they wanted to show within themselves that they are doing something, and to use it politically within their countries.
- It's not just Americans who think the pipeline is impossible and unfit. Already the European Union, with statements from its officials, states that it will not include the construction of the pipeline in funded projects, as it is contrary to its energy policy.
- Very recently, the major energy companies, TOTAL, Exxon Mobil, etc. oh, they said they are suspending investigations into hydrocarbonnets in the east and southeast of Crete. This is due, and that fossil fuels are not profitable, but also that the Exclusive Economic Zones (EEZ) between Greece, Turkey and other countries in the region are not decomposed.
- Only with energy cooperation from all Eastern Mediterranean countries, including Turkey, can these issues be resolved. The proposal by the President of the European Council, Charles Michelle, for a Conference of the Eastern Mediterranean Countries, on issues of regional security, energy cooperation and the direction of the EEZ should be put to use.

Have you started frothing in the mouth yet?

[Lordo]

Perhaps in another time in another world little oll Cyprus wil lcome back as a giant and will be the centre of that world and rule it as it wishes.

In the meantime this climate change bollox will be the end of this one a lot earlier than we anticipated. But only mankind will destroy itsel, the world will continue with life according to Darwin's theories.

[Get Real!]

For years we have been warning that the construction of the EastMed pharaoh pipeline between Greece, Cyprus and Israel is impossible.
- Its construction would be very expensive. Any of his operations would be environmentally dangerous. Its product, natural gas, in a few years, will be unwanted in Europe, as the EU has decided after 2050 not to use fossil fuels, due to climate change.
- But mainly it had an unlawful goal to exclude Turkey from energy sources and cooperation of the Eastern Mediterranean. This was not possible to be accepted by her, but also other powerful players in the area.
- In the Greece-Cyprus-Israel agreement for EastMed, Turkey responded with the summary of the Turkish-Libyan Agreement. And he sent the research ship "Oruts Race" to implement it on the field.
- The leaders of Greece and Cyprus tried to establish the solution of the Greek-Turkish differences and the Cyprus one, with the three-party cooperation between Greece-Cyprus-Israel and Greece-Cyprivate-Egypt.
- With the signature for EastMed and the great publicity they gave, they wanted to show within themselves that they are doing something, and to use it politically within their countries.
- It's not just Americans who think the pipeline is impossible and unfit. Already the European Union, with statements from its officials, states that it will not include the construction of the pipeline in funded projects, as it is contrary to its energy policy.
- Very recently, the major energy companies, TOTAL, Exxon Mobil, etc. oh, they said they are suspending investigations into hydrocarbonnets in the east and southeast of Crete. This is due, and that fossil fuels are not profitable, but also that the Exclusive Economic Zones (EEZ) between Greece, Turkey and other countries in the region are not decomposed.
- Only with energy cooperation from all Eastern Mediterranean countries, including Turkey, can these issues be resolved. The proposal by the President of the European Council, Charles Michelle, for a Conference of the Eastern Mediterranean Countries, on issues of regional security, energy cooperation and the direction of the EEZ should be put to use.

Have you started frothing in the mouth yet?

So after your embarrassment of falsely claiming that the RoC has been drilling gas for 10 years, you now make a completely different comeback by unashamedly posting things I’ve already informed you about mixed with a bunch of false and misconstrued assumptions, as well as the daft opinion of the "TRNC"!

[Get Real!]

Perhaps in another time in another world little oll Cyprus wil lcome back as a giant and will be the centre of that world and rule it as it wishes.

In the meantime this climate change bollox will be the end of this one a lot earlier than we anticipated. But only mankind will destroy itsel, the world will continue with life according to Darwin's theories.

Like Kiakpu mentioned, Cyprus can export to Africa at a fraction of the cost and without any EU hurdles.

[Kikapu]

Perhaps in another time in another world little oll Cyprus wil lcome back as a giant and will be the centre of that world and rule it as it wishes.

In the meantime this climate change bollox will be the end of this one a lot earlier than we anticipated. But only mankind will destroy itsel, the world will continue with life according to Darwin's theories.

Like Kiakpu mentioned, Cyprus can export to Africa at a fraction of the cost and without any EU hurdles.

Mitsotakis has stated something similar in today’s report.

“The eastern Mediterranean is becoming much more important in terms of exploring alternative energy sources, such as natural gas in the form of LNG, which could be exported from Egypt…We are also actively promoting electricity interconnections with Africa, in our case with Egypt,” Mitsotakis said.

https://ahvalnews.com/greece-turkey/mor ... tells-meps

[Pyrpolizer]

The world will never get rid of fossil fuels unless there are no more reserves.
What they EU is planning to do by 2050 is not to reduce the use of fossil fuels by 80% but to reduce the greenhouse gases by that much. Most probably by using expensive methods of filtering the exhaust gases. EU's dependence has only decreased by 10% in the last 20 years, at best will decrease another 10% until 2050, and that's it.
https://ec.europa.eu/eurostat/web/produ ... 0210204-1/

There is a misunderstanding concerning the way either Cyprus or any of the neighboring countries will extract and eventually sell their hydrocarbons. It's not Cyprus who will do the extraction. It's the oil companies under a license agreement. That agreement includes mainly the % of the HCs the Oil companies will take.. Cyprus will only need to find the markets to sell and the ways to make the extracted HCs salable. It could be through the East Med, or through a pipeline to Egypt or just give an extra % to the oil companies to do it on site using floating liquefied natural gas (FLNG) vessels.
https://www.sciencedirect.com/topics/en ... atural-gas
This is the least profitable method, but it can be done.

The big question is whether Turkey will dare damage the Oil companies by attacking the platforms.
I 'd bet they won't.

NB. Those who think the Oil companies are stupid doing all that research and drills, paying millions in expenses and rights to Cyprus, better think twice.
They know very well what they are doing and they also know that sooner or later they would make money.