Cyprus-Forum.com

[Viewpoint]

Is Trokya taking all this into account?

[Lordo]

Is Trokya taking all this into account?

of course not. they are only interested in this years figures and how they are going to pay it back. there is a lot time before roc is any of that money if any at all.

[kimon07]

I get the feeling like you banks you have not invested in your find in the right channels "American, British, Russian Israeli, French, Italian, Chinese, maybe even German" with all these countries to payoff you wont have anything left

Shows how ignorant you are.

THEY will be paying the RoC to be granted a lisence drill and then again, when gas is found, THEY will be paying again to get a lisence to extract it and finally THEY will be paying to the RoC at least 70% of the net revenues.

i think you will find they tender for the right and promise a percentage of the profit and just boost the figure so it looks good but in reality it is never achieved. so so far i suspect zero euros has been paid to the roc and thats where it will stay.

Don't blame you for being ignorant. This is what happens if you insist to read TMT papers only.

[Lordo]

http://www.cyprus-mail.com/cyprus/award ... s/20121111


so whos interest is the roc government looking after. cypriots or the russian mafia.

[bill cobbett]

i think you will find they tender for the right and promise a percentage of the profit and just boost the figure so it looks good but in reality it is never achieved. so so far i suspect zero euros has been paid to the roc and thats where it will stay.

Usual ill-researched rubbish from Lordo...

The oil/gas companies aren't bidding blindly, their bids are based on seismic surveys.

The seismic surveys that were done 2-3 years years ago and on which the oil/gas companies have based their bids for each block are the property of the Republic.

Each of the oil/gas gas companies (including those that weren't successful) had to buy access to those surveys, for each block they wanted to bid for, to the sum of some 10s of millions.

[kimon07]

http://www.cyprus-mail.com/cyprus/awarding-gas-licences-could-cost-billions/20121111


so whos interest is the roc government looking after. cypriots or the russian mafia.

By Makarios Drousiotis?

Whether you or Makarios Drousiotis like it or not, the Russians are in. And giving them a piece of the pie simply increases the security of the island towards the "Blight of Asia". Your Anatolian thieving mama, that is.

[Lordo]

i think you will find they tender for the right and promise a percentage of the profit and just boost the figure so it looks good but in reality it is never achieved. so so far i suspect zero euros has been paid to the roc and thats where it will stay.

Usual ill-researched rubbish from Lordo...

The oil/gas companies aren't bidding blindly, their bids are based on seismic surveys.

The seismic surveys that were done 2-3 years years ago and on which the oil/gas companies have based their bids for each block are the property of the Republic.

Each of the oil/gas gas companies (including those that weren't successful) had to buy access to those surveys, for each block they wanted to bid for, to the sum of some 10s of millions.

the question is do they pay up front for the privilege or is it just being payed a percentage of the profit after the gas is extracted.

and of course how can a company can come fourth in the bidding and still win a contract. well it aint a banana republic for nofink is it/

[bill cobbett]

i think you will find they tender for the right and promise a percentage of the profit and just boost the figure so it looks good but in reality it is never achieved. so so far i suspect zero euros has been paid to the roc and thats where it will stay.

Usual ill-researched rubbish from Lordo...

The oil/gas companies aren't bidding blindly, their bids are based on seismic surveys.

The seismic surveys that were done 2-3 years years ago and on which the oil/gas companies have based their bids for each block are the property of the Republic.

Each of the oil/gas gas companies (including those that weren't successful) had to buy access to those surveys, for each block they wanted to bid for, to the sum of some 10s of millions.

the question is do they pay up front for the privilege or is it just being payed a percentage of the profit after the gas is extracted.

and of course how can a company can come fourth in the bidding and still win a contract. well it aint a banana republic for nofink is it/

... which bit of ... had to buy access to those surveys ... are you struggling with...???

[Maximus]

bill, do you have any further reference to that? I'm interested.

[Lordo]

bill, do you have any further reference to that? I'm interested.

like how much exactly/