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.
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.
La géologie, une science plus que passionnante … et diverse