Friday, July 24, 2015

Not Just a Pipe Dream | Cyprus Weekly

July 24, 2015, Michael Leigh,Senior Fellow

The scenario of a pipeline from the offshore natural gas fields of Aphrodite to Cyprus and then onshore to Turkey is not as Utopian as it might seem, Sir Michael Leigh of the German Marshall Fund told the Cyprus Weekly. But it is premature today to take a front position on that, added the visiting senior advisor at the Washington DC based public policy think tank and a former European Commission director for enlargement.
"It would be in some respects less expensive, require less initial investment than for example the idea of building a 350 kilometre pipeline from the fields to Egypt," Leigh said.

Source: http://www.gmfus.org/commentary/not-just-pipe-dream

Thursday, July 23, 2015

Delek extends tender for supply of Leviathan gas to Cyprus | LNG Wolrd News

Delek Group’s gas subsidiaries announced that they have accepted a request by DEFA of Cyprus to postpone the period of validity of a proposal for the supply of natural gas from July 31, 2015 to October 30, 2015.

“The commercial examination process and the negotiation between DEFA and the bidders are expected to continue in the near future,” Delek said in a statement.
Noble Energy is the operator of the Leviathan project with a 39.66 percent stake. Avner Oil and Delek Drilling, subsidiaries of Delek Group, hold a combined 45.34 percent, and Ratio Oil has the remaining 15 percent.
LNG World News Staff; Image: Noble

Source: http://www.lngworldnews.com/delek-extends-tender-for-supply-of-leviathan-gas-to-cyprus/

Tuesday, July 21, 2015

Global Oil & Gas 23-24 September 2015 Athens Greece

Developing and maximising upstream prospects in Black Sea and Mediterranean oil and gas projects – Overcoming technical challenges for success

The Global Oil&Gas: Black Sea & Mediterranean Exhibition and Conference is officially supported by the Greek Ministry of Environment, Energy and Climate Change, and will focus on the latest hydrocarbons activity and developments in the Black Sea, East Med, Ionian and Aegean Seas. 5 Ministries of Energy, 6 national oil and gas companies and 28 international speakers have already confirmed their participation.


Source: http://www.global-oilgas.com/BlackSeaMed/Home.aspx