Tuesday, July 05, 2016

July 2016: The month of the EEZ

For all those who haven't yet realized it, July of 2016 is the month of the EEZ of Hellenism, because it plays a great role for both the EEZ of Greece and that of Cyprus.

In both of the cases it constitutes the due dates of the Cypriot licensing round re: marine plots 6, 8 and 10, and the Greek licensing round for marine plots 1, 2 and 10.

In other words it is regarding the third licensing round in the case of Cyprus, and in actual fact the first for Greece.

The expectations of the outcome differ, and are of a different magnitude due to the incomparable governments of the two States.

Since the one continues the works of the previous, whereas the other did whatever possible to reduce it, after failing to cancel it entirely.

What's important for Hellenism however, is that we can now speak about 6 marine plots in total, which obtain enormous potentials in order to change the existing data, due to the discovery of the Zohr reserve of the Egyptian EEZ.

We now have the opportunity to exploit probable reserves through geological structures obtaining karstic limestone.

This fact constitutes a revolution in itself.
Consequently, both strategy and energy are relentlessly continuing the way forward in order to help Hellenism, regardless of the quality level of politicians.
 N. Lygeros - OPUS
Translated from the Greek by Athena Kehagias

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