Cyprus-Forum.com

[Kikapu]

but whatever happens, the gas will still get to market without Turkey needing to be in the equation.

You are right but highly priced gas will not find any buyers when countries can easily buy cheaper from countries who can transportt their resources far more cheaply.

The question is how many more years may it take to recoup the initial investment to pipe the gas through Greece, instead of paying Turkey a toll as a middle man, always. Will it take 5 more years, 10 more years ? The pipeline going through Greece, cutting Turkey out all together may well be the cheaper option over the long term.

We are talking about gas reserves to potentially supply Europes needs for multiple generations.

Cost to one side which in itself will be astronomical and if taken on will take maybe 15 years or more to recoup but a pipline to Greece will face not only technical problems due to the distance involved but also political problems due to it being internnational waters and and area frequented by many ships, the dangers involved will far outweight the possiblity of such a project getting a green light.

You make it sound as if the gas pipes will be floating on the surface of the sea that will become dangers to the ships. Why are you not showing the same concerns for the long promised water being piped from Turkey to Cyprus? It too will go through International waters, will it not? While on the subject, why would there be any political problems with anyone if pipes are going through international waters? As far as cost goes to bypass Turkey, it does not all need to be bored by Cyprus alone. The way Turkey is going about it's foreign policy from no problems with it's neighbours to NO neighbours at all, there could be as many as 7 countries all paying towards it, as well as Gaza in the future, if and when they become a state. With hundreds of Gas and Oil platforms in the Med spread from Syria to Libya to Greece which can become a spiders web of pipelines all connecting to the main pipe going to Greece to supply the EU, it will most definitely be the most economical way to bypass Turkey in the long run.

At the moment Turkey is not a trusted partner in the neighbourhood to anything, so why even take the risk. Sometimes you need to spend the money to have a peace of mind, just like paying for insurance on your health, your car or your house. You may never need to use it, but it's there when needed. It is not a wasted money. We use to have a saying when we were sailing in the Caribbean and South America, that "you can go broke by trying to save", which meant of course, if you needed to buy something for the boat, was to buy something of quality at a price that would last a long time than buying something with inferior quality at cheaper price that would last only a short time. Over time, it would become far more expensive in replacing cheap parts often than a quality part at a price that would last much longer. No difference here.

[Lordo]

but whatever happens, the gas will still get to market without Turkey needing to be in the equation.

You are right but highly priced gas will not find any buyers when countries can easily buy cheaper from countries who can transportt their resources far more cheaply.

The question is how many more years may it take to recoup the initial investment to pipe the gas through Greece, instead of paying Turkey a toll as a middle man, always. Will it take 5 more years, 10 more years ? The pipeline going through Greece, cutting Turkey out all together may well be the cheaper option over the long term.

We are talking about gas reserves to potentially supply Europes needs for multiple generations.

Cost to one side which in itself will be astronomical and if taken on will take maybe 15 years or more to recoup but a pipline to Greece will face not only technical problems due to the distance involved but also political problems due to it being internnational waters and and area frequented by many ships, the dangers involved will far outweight the possiblity of such a project getting a green light.

You make it sound as if the gas pipes will be floating on the surface of the sea that will become dangers to the ships. Why are you not showing the same concerns for the long promised water being piped from Turkey to Cyprus? It too will go through International waters, will it not? While on the subject, why would there be any political problems with anyone if pipes are going through international waters? As far as cost goes to bypass Turkey, it does not all need to be bored by Cyprus alone. The way Turkey is going about it's foreign policy from no problems with it's neighbours to NO neighbours at all, there could be as many as 7 countries all paying towards it, as well as Gaza in the future, if and when they become a state. With hundreds of Gas and Oil platforms in the Med spread from Syria to Libya to Greece which can become a spiders web of pipelines all connecting to the main pipe going to Greece to supply the EU, it will most definitely be the most economical way to bypass Turkey in the long run.

At the moment Turkey is not a trusted partner in the neighbourhood to anything, so why even take the risk. Sometimes you need to spend the money to have a peace of mind, just like paying for insurance on your health, your car or your house. You may never need to use it, but it's there when needed. It is not a wasted money. We use to have a saying when we were sailing in the Caribbean and South America, that "you can go broke by trying to save", which meant of course, if you needed to buy something for the boat, was to buy something of quality at a price that would last a long time than buying something with inferior quality at cheaper price that would last only a short time. Over time, it would become far more expensive in replacing cheap parts often than a quality part at a price that would last much longer. No difference here.

why are you wasting your time talking about pipelines via greece. more chance of it going through mars or urnaus. you really need to improve your time utilisation.

[Demonax]

Greece begins oil and gas exploration of its waters ... finally!

Oil and gas exploration licensing round in first half of 2014

Greece plans to hold a licensing round for the exploration of oil and natural gas in the Ionian Sea and south of the island of Crete in the first half of 2014, the Energy Ministry said on Friday.

The Nordic Explorer research vessel of Norway’s Petroleum Geo-Services ASA will on Saturday begin a three-month-long seismic survey of the Ionian Sea and the maritime zone south of Crete in an area that covers a total 220,000 square kilometers, which is 40 percent larger than mainland Greece, the Athens-based ministry said in an e-mailed statement yesterday.

Processing and interpretation of the data from the survey should be completed by mid-2013, with the aim of holding the licensing round for exploration blocks in the first half of 2014, according to the statement.

http://www.ekathimerini.com/4dcgi/_w_ar ... 012_469348?

[bill cobbett]

On the matter of a CY > Crete > Greece > Industrial Centres of the EU gas pipeline... The East Med Energy Corridor as some are calling it.

The comparable South Stream pipeline in which Turkey has some role will partly be in the deep waters of the Black Sea, in places in depths in excess of 2,000m. Its sea section will be 560 miles long. The distance from the CY and Israel gas-fields to Crete are similar.

The depths and technical challenges of over-coming the sea-bed conditions are also similar.

These pipe-lines are protected and weighted by specialist concrete casings. They will lie on the sea bed in 1,000 - 2000m of water, so shipping isn't an issue.

Technical details of South Stream... http://www.offshore-mag.com/articles/pr ... ation.html

[bill cobbett]

Greece begins oil and gas exploration of its waters ... finally!

Oil and gas exploration licensing round in first half of 2014

Greece plans to hold a licensing round for the exploration of oil and natural gas in the Ionian Sea and south of the island of Crete in the first half of 2014, the Energy Ministry said on Friday.

The Nordic Explorer research vessel of Norway’s Petroleum Geo-Services ASA will on Saturday begin a three-month-long seismic survey of the Ionian Sea and the maritime zone south of Crete in an area that covers a total 220,000 square kilometers, which is 40 percent larger than mainland Greece, the Athens-based ministry said in an e-mailed statement yesterday.

Processing and interpretation of the data from the survey should be completed by mid-2013, with the aim of holding the licensing round for exploration blocks in the first half of 2014, according to the statement.

http://www.ekathimerini.com/4dcgi/_w_ar ... 012_469348?

Good news.

Greece is using the same firm with the same ship that CY used, Petroleum Geo-Services and the Nordic Explorer...

[Kikapu]

Cost to one side which in itself will be astronomical and if taken on will take maybe 15 years or more to recoup but a pipline to Greece will face not only technical problems due to the distance involved but also political problems due to it being internnational waters and and area frequented by many ships, the dangers involved will far outweight the possiblity of such a project getting a green light.

You make it sound as if the gas pipes will be floating on the surface of the sea that will become dangers to the ships. Why are you not showing the same concerns for the long promised water being piped from Turkey to Cyprus? It too will go through International waters, will it not? While on the subject, why would there be any political problems with anyone if pipes are going through international waters? As far as cost goes to bypass Turkey, it does not all need to be bored by Cyprus alone. The way Turkey is going about it's foreign policy from no problems with it's neighbours to NO neighbours at all, there could be as many as 7 countries all paying towards it, as well as Gaza in the future, if and when they become a state. With hundreds of Gas and Oil platforms in the Med spread from Syria to Libya to Greece which can become a spiders web of pipelines all connecting to the main pipe going to Greece to supply the EU, it will most definitely be the most economical way to bypass Turkey in the long run.

At the moment Turkey is not a trusted partner in the neighbourhood to anything, so why even take the risk. Sometimes you need to spend the money to have a peace of mind, just like paying for insurance on your health, your car or your house. You may never need to use it, but it's there when needed. It is not a wasted money. We use to have a saying when we were sailing in the Caribbean and South America, that "you can go broke by trying to save", which meant of course, if you needed to buy something for the boat, was to buy something of quality at a price that would last a long time than buying something with inferior quality at cheaper price that would last only a short time. Over time, it would become far more expensive in replacing cheap parts often than a quality part at a price that would last much longer. No difference here.

why are you wasting your time talking about pipelines via greece. more chance of it going through mars or urnaus. you really need to improve your time utilisation.

Educating you and VP is never a waste of time. Tiring yes, but never waste of time. Consider it as my contribution to humanity, not that you two qualify as one most of the time!

[bill cobbett]

Some proponents of taking Israel and CY gas to Turkey have come up with a route that pipes the gas to Vassilikos nearish to Limassol and then taking it through pipe-lines running due northwards, right through the Troodos and the Kyrenia Mountains, to an out-fall on the north shore and hence undersea to Turkey.

Can anyone imagine the environmental devastation through a wide swathe of the Troodos and the Pendathactylos Range...!!!

It would be the equivalent of building something akin to a Highway through the mountains... Bird Brain Idea!

[Maximus]

Honestly Lordo VP5000, It is Turkey who dependents upon Cyprus. The tables will turn and it will be Cyprus's turn to control Turkey for the next 500 years.

[Viewpoint]

Honestly Lordo VP5000, It is Turkey who dependents upon Cyprus. The tables will turn and it will be Cyprus's turn to control Turkey for the next 500 years.

best joke of the day.

[Maximus]

Honestly Lordo VP5000, It is Turkey who dependents upon Cyprus. The tables will turn and it will be Cyprus's turn to control Turkey for the next 500 years.

best joke of the day.