Saturday, February 16, 2013
Total obtains hydrocarbons exploration licenses in Cyprus
French Total has become the third foreign energy company to obtain hydrocarbon exploration licenses in the Cypriot exclusive economic zone.
Cypriot Commerce Minister Neoclis Sylikiotis and Total's Middle East President for oil exploration and production, Arnaud Breuillac, on Wednesday signed contracts giving the French energy company exploration rights in two blocks off the south coast of the eastern Mediterranean island.
Italian-South Korean ENI-Kogas consortium signed similar contracts on Jan. 24, giving it exploration rights in three fields and Texas-based Noble Energy has already tapped considerable reserves of natural gas in a block next to those allocated to Total.Symons cone crusherAnd then the materials are rebounded from the Mobile crushing machine to the area where the hammers effects for being re-crushed.The materials from large to small all to be crushed at the impact chamber repeatedly.
In remarks after the signing ceremony, Sylikiotis said that the signing of the deal marks the successful conclusion of the second licensing round for hydrocarbons licensing.Vintage bath fixtures However, he added that more fields may be allocated at the end of a six-month extension period.
Breuillac said Total will proceed with oil and natural gas drillings, but added that it is too early to say which one will come first.
Total plans a new drilling shortly to confirm and evaluate the gas reserves it tapped last year,carbon fabric for high temperature furnace and friction components.Clawfoot tubs which were originally estimated at 5 to 8 trillion cubic feet.
Plans are under discussion with Israel to build a gas pipe to the south Cyprus shores and the possible construction of a liquefaction plant to process both Cypriot and Israeli natural gas in adjoining blocks.
Total investment for the two projects has been estimated at 10 billion euros.
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