by Georges Psyllides, February 28, 2019 in CyprusMail
Cyprus and ExxonMobil on Thursday announced a gas find estimated between 5-8 trillion cubic feet (tcf) in an offshore field inside the island’s exclusive economic zone.
The discovery was made in the Glafcos (Glaucus) 1 well in Block 10 of the EEZ.
“Based on preliminary interpretation of the well data, the discovery could represent an in-place natural gas resource of approximately 5 trillion to 8 trillion cubic feet (142 billion to 227 billion cubic metres). Further analysis in the coming months will be required to better determine the resource potential,” the company said in a statement.
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by Toi Staff, November 24, 2018 in TheTimes.of.Israel
HE LONGEST, DEEPEST UNDERWATER GAS NETWORK IN THE WORLD
Greece, Italy, and Cyprus have reached an agreement with Israel to lay a pipeline connecting the Jewish state’s gas reserves to the three countries, in a major project estimated at costing over $7 billion that will supply gas from the eastern Mediterranean to Europe, as the continent seeks to diversify its energy supply.
According to Hadashot TV, the European Union agreed to invest $100 million in a feasibility study for the project before the agreement was reached over the laying of the longest and deepest underwater gas pipeline in the world.
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La géologie, une science plus que passionnante … et diverse