Lebanon may have more gas deposits than Cyprus, SyriaSeptember 10, 2012 - 11:02 AMT PanARMENIAN.Net - Lebanon may have more offshore natural gas deposits than Cyprus and Syria, based on a recent 3-D seismic survey, the CEO of Norway-based Spectrum Company said, according to albawaba.com. “My humble opinion based on the data that I have is that there is greater potential [for natural gas] offshore Lebanon than offshore Cyprus and offshore Syria,” David Rowlands told The Daily Star. He added that the Levantine basin offshore Lebanon was more perceptive than offshore Cyprus and Syria. These results, Rowlands stressed, were based on data gathered from Lebanon, Cyprus and Syria by Spectrum and its partner Dolphin Geophysical, which is surveying the Lebanese coast with its high-capacity seismic vessel, M/V Polar Duke.“We compared the data of offshore Lebanon with the data of offshore Cyprus and Syria.” But Rowlands declined to compare the potential size of Lebanon’s natural gas to Israel. M/V Polar Duke has been surveying the Lebanese coast since last weekend and the initial results, according to officials in the company, were more than encouraging. “As of today, the Polar Duke has acquired 650 square kilometers off the Lebanese coast. The productivity of the vessel is excellent and much better than average,” Rowlands explained. Rowlands added that processing this data would not be completed until January 2013.“The processing of the data will be then done onshore. The early results have shown us structure which has never been seen before. The geological structures are favorable for accumulation of gas and this has never been seen before at this early stage,” Rowlands said. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. Armenia skips CSTO Defense Ministers meeting A meeting of the Council of Defense Ministers of the Collective Security Treaty Organization countries began in Almaty. Armenian, Iranian foreigh policy chief talk over the phone The Foreign Minister of Armenia once again expressed condolences to his counterpart on the death of the President of Iran. Armenia, U.S. customs authorities to boost assistance with new deal The government has approved an agreement with the U.S. government on mutual assistance between the customs authorities. |