Cyprus-Forum.com

[Demonax]

Looking like an LNG plant is the way to go:

Delek Drilling interested in participating in Cyprus' LNG plant

Israeli company Delek Drilling is interested in participating in Cyprus’ natural gas liquefaction plant (LNG), Energy Minister Giorgos Lakkotrypis has said..

Delek Drilling Chairman and CEO for Avner Gydeon Tadmor and Delek Group head Yitzhak Tshuva were received Monday by President Nicos Anastasiades in the presence of Lakkotrypis.

According to reliable sources, the company wishes to participate in the terminal as it believes Cyprus will become an energy hub.

http://famagusta-gazette.com/delek-dril ... 551-69.htm

Noble seeks construction of LNG terminal in Cyprus as soon as possible

Cyprus National Hydrocarbons Company (CNHC) has been briefed by Noble Energy on the results of a preliminary study for the construction and operation of a Liquefied Natural Gas terminal (LNG).

The briefing was held in Nicosia on Monday in the context of a meeting between CNHC and Noble.

The study was conducted on behalf of Noble by French company Technip which specializes in building and operating natural gas and oil terminals.

During the meeting, Noble expressed the wish that the construction of the terminal would move forward as soon as possible due to a possible liquefied natural gas price drop in the future.

http://www.financialmirror.com/news-det ... ?nid=30128

[Tim Drayton]

I worked for more over a year at an LNG plant in Qatar, at a place where two LNG plants operate side by side. The official line there sponsored by the company and the Emir is that it is all environmentally friendly and non-polluting. Speak to the technical staff working at the place, though, and they scoff at such claims and say that all sorts of toxic gases are being emitted. Huge flares hundreds of metres tall suck oxygen out of the air. If you walk outside in the plant, the back of your throat stings with every breath you take and there is an all-pervading sulphurous smell that turns your stomach. The nearest village, Al-Thakira, about 5 km away is now virtually deserted and the nearest town, Al-Khor, about 15 km away is about half empty. People living in these places complain of high instances of respiratory problems, especially among children. The people in the two above-mentioned places traditionally earned their living from fishing. Speak to any locals and they will tell you that fishing has all but ceased and that those who continue to fish have to go much further out into the Gulf to find fish. They say that all marine life within kilometers of the LNG plants has been annihilated.

Based on this experience, I am not so sure if I want an LNG plant here in Cyprus.

[Demonax]

I worked for more over a year at an LNG plant in Qatar, at a place where two LNG plants operate side by side. The official line there sponsored by the company and the Emir is that it is all environmentally friendly and non-polluting. Speak to the technical staff working at the place, though, and they scoff at such claims and say that all sorts of toxic gases are being emitted. Huge flares hundreds of metres tall suck oxygen out of the air. If you walk outside in the plant, the back of your throat stings with every breath you take and there is an all-pervading sulphurous smell that turns your stomach. The nearest village, Al-Thakira, about 5 km away is now virtually deserted and the nearest town, Al-Khor, about 15 km away is about half empty. People living in these places complain of high instances of respiratory problems, especially among children. The people in the two above-mentioned places traditionally earned their living from fishing. Speak to any locals and they will tell you that fishing has all but ceased and that those who continue to fish have to go much further out into the Gulf to find fish. They say that all marine life within kilometers of the LNG plants has been annihilated.

Based on this experience, I am not so sure if I want an LNG plant here in Cyprus.

I think the decision has been taken on political and economic grounds. Regarding gas flaring, I understand there are ways now to minimise and collect the gas which was previously flared off. Also I doubt if the scale of any proposed plant in Cyprus will match those in Qatar. Not that I'm underestimating the environmental impact just that seeing as a decision has been made then it's up to the gov't and European authorities to mitigate the effects on the environment as much as possible.

[Demonax]

Cyprus cabinet approves preliminary deal for LNG terminal

Cyprus's cabinet approved on Wednesday a preliminary deal with Noble Energy, Delek Drilling and Avner Oil Exploration to develop a liquefied natural gas (LNG) terminal to tap the East Mediterranean's vast gas discoveries.

Cyprus aims to begin LNG exports in 2020 and to process not only its own gas but also supplies from Israel and potentially Lebanon, government and energy officials said.

The estimated $10 billion needed to build the LNG export terminal and infrastructure would be the largest investment in the history of Cyprus.

http://uk.reuters.com/article/2013/06/1 ... SX20130619

[SKI-preo]

Natural gas is to be used to make Ammonium Nitrate used in fertilizers. I want to know what Natural Gas Turkey plans to pump through this new Ammonium Nitrate plant. http://www.thyssenkrupp.com/en/presse/a ... 1788464237

Maybe they have their eyes on Cypriot gas.

[Demonax]

So much for a pipeline to Turkey:

Cyprus 'set to announce two-train LNG terminal'

Cyprus is reportedly preparing to announce plans for a potential two-train liquefied natural gas export terminal to tap the East Mediterranean's vast gas discoveries. The government in Nicosia is expected to announce details of the proposed development on Wednesday, according to Reuters.

The wire service said that France’s Total was thought to have signed a memorandum of understanding on a second train at the facility.

The first train is thought to involve another draft deal with US independent Noble Energy and Israeli pair Delek Drilling and Avner Oil Exploration.

Government officials said the second train would add $3 billion to an estimated $6 billion cost for a single-train facility.

Cyprus aims to start building an LNG terminal by early 2016 and start LNG exports from 2019.

Houston-based Noble Energy is behind the giant Aphrodite gas find off Cyprus, and is also partnered with Delek Drilling at Israel’s Leviathan and Tamar gas fields.

http://www.upstreamonline.com/live/article1330786.ece

[Demonax]

US and Israel take a stake in Cyprus's gas future:

Liquefaction plant memorandum signed

Cyprus and a US-Israeli partnership on Wednesday signed a statement of intent for the development of a natural gas liquefaction plant on the island. The parties are the Cyprus state, Noble Energy International, and Israel’s Delek Drilling and Avner Oil Exploration Limited Partnership. It is hoped the preliminary accord leads to a final agreement in the future setting up a joint venture between the parties – a special-purpose vehicle seeking investors for the estimated €7 to €8bn LNG plant.

http://cyprus-mail.com/