publications

Sharing thoughts inspires progress!
 
 

The confirmation of significant quantities of hydrocarbons in Cyprus, (the Levantine Basin, the Nile Delta Cone, the Eratosthenes Continental Block and the Herodotus Basin) may prove to be a tremendous opportunity not only for the island but for the EU as a whole. The U.S. Geological Survey estimates that the aforementioned areas hold an estimated 13.8 trillion cubic meters (tcm) of natural gas. Also as per the BEICIP/FRANLAB and the Institut Français du Pétrole, the Cyprus Exclusive Economic Zone alone holds an estimated 3 tcm of natural gas.

Cyprus, an EU member country, a regional business and financial hub (and an established investment gateway to and from Russia) is firmly on its way to becoming an energy superpower and a guaranteed primary natural gas source and transit route to the EU, of the EU; a hub of reconciliation and regional stability!

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedIn


Did you know?

that in a lifetime the average European or North American will discard more than 600 times his or her adult weight in garbage and about a ton of trash per person per year?

that Pytheas through its Soil Water + Life Solutions is probably the only entity world wide that can provide a-no-chimney-no-landfill-solution for the treatment of municipal solid and liquid waste?

that recycling steel saves 75% of the energy that would be used to create steel from raw materials, enough to power 18 million homes?

that the revenue that is generated from gambling is more than the revenue derived from movies, cruse ships, recorded music, theme parks and spectator sports combined?

that annually, the amount of garbage that is dumped in the world’s oceans is three times the weight of fish that is caught from the oceans?

that 1 recycled tin would save enough energy to power a television for 3 hours; 1 recycled glass bottle would save enough energy to power a computer for 25 minutes; 1 recycled plastic bottle would save enough energy to power a 60-watt light bulb for 3 hours?

that the Boeotian Hesiod about 3000 years ago theorized on the entrepreneurship typical of the market (an early laissez-faire), identifying the effects of government debasement of the coinage, which causes a decrease in its purchasing power (think Adam Smith, Keynes and post Keynes), arguing about the importance of competition and the importance of justice and the law in order to foster order and harmony in society?

that of all the restaurants that are opened, 90% of them fail in the first year and of the remaining ones that survive, 90% of those fail in the second year?

that Confucius about 2,500 years ago argued that the government should not compete for profit with the people, as it would only result to the exploitation of the population?

that Pytheas the ancient Greek explorer, mathematician, astronomer and navigator must have travelled to the American continent at the time of Alexander the Great?

Contact a Pytheas professional