Lordo wrote:chess is not your game is it bafiduimmu. when you take a galon of anything out of the sea is the checkmate. faced with terkish firepower assuming that america will not want to upset terkey is the day decisions are made. signitures on paper are not worth the paper they are written on. you would think people learn from other peoples mistakes but allas not.
Lordo wrote:you mean a little bit like the gringos do in afganistan. they can hit anywhere they like. i hope your ausy friends have learned their lasson last time they attack terkey, but then again if they are at your cultural standard i suspect the lessons of that litle ecepade has gone way over their heads.
bill cobbett wrote:Boys, boys, boys.... and yero....
Enough with this talk of war and stonings to death (even though in Bordo's case it would be well deserved for his Blasphemy)
We've all seen CY get quietly on with developing its EEZ in the last couple of years despite all the very loud and blustery threats from Turkey and its curious attempts to prospect for HCs with the Sardine Trawler Piri Piri (or whatever it was called) and the laughable drilling at Occupied Syngrassi which only succeeded in screwing up the water table there.
So why wage a war that's already been won by CY...???
... and the next 18 months or so will see Total, Kogas and ENI join in the fun, with drillings in Blocks 2,3,9 and 11.
bill cobbett wrote:Boys, boys, boys.... and yero....
Enough with this talk of war and stonings to death (even though in Bordo's case it would be well deserved for his Blasphemy)
We've all seen CY get quietly on with developing its EEZ in the last couple of years despite all the very loud and blustery threats from Turkey and its curious attempts to prospect for HCs with the Sardine Trawler Piri Piri (or whatever it was called) and the laughable drilling at Occupied Syngrassi which only succeeded in screwing up the water table there.
So why wage a war that's already been won by CY...???
... and the next 18 months or so will see Total, Kogas and ENI join in the fun, with drillings in Blocks 2,3,9 and 11.
However, Nobel or Delek are divided on Woodside. Delek prefers the cheaper alternative of exporting gas to nearby Turkey, whereas Woodside's expertise is liquefied natural gas and markets in the Far East. Noble, backed by Ratio, still favors the Australian company.
The next item on the agenda is where to site the gas export facilities. In the last several months, both the Leviathan partners and the government have reportedly reached the conclusion that developing them on dry land either in Israel or Cyprus will be impossible.
Finding 1,000 dunams on the Israeli coast to build the facility would run up against environmental obstacles and public opposition. Cyprus, meanwhile, is a major credit risk, its gas reserves are yet proven and the security establishment opposes shipping a major natural resource through the island country.
Over the next few weeks, the Leviathan partners will likely be discussing a short- and long-term alternative. The first would be shipping the gas by undersea pipeline to Turkey, a plan supported by Jerusalem for geopolitical reasons. Such a pipeline could transport eight to 10 billion cubic meters of gas annually.
Assuming that all the political and regulatory obstacles can be overcome, the pipeline would cost about $5 billion and take three years to complete. It would generate income of $3 billion to $4 billion annually for the Leviathan partners and provide the cash flow to help finance the long-term export facility, a floating LNG terminal.
An FLNG facility would solve the problem of locating the facility on land, but it would cost in the range of $4 billion to $5 billion to build a terminal capable of exporting $5 billion of gas annually. Woodside's expertise in the field would be critical.
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