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Caspian region rich in gas is a pure fake.

General discussions of the systemic, societal and civilisational effects of depletion.

Caspian region rich in gas is a pure fake.

Unread postby CXreator » Tue 16 Jul 2013, 09:44:32

Caspian region isn't as rich in gas as we tend to think and Shakh-Deniz deposit is not enough to fill in Nabucco West! This is reality, rather discouraging one, having nothing in common with the "forecasts and estimates by experts".
Why do you think RWE has dropped this project? The so called "second development stage" is just a PR myth! The deposit will be exhausted by 2016, believe you me! I just saw with my own eyes the data of geological research, the real reports, not the estimates of "specialists".
Wella..... one such a specialist during a friendly get-together in some pub put it plain. "For the money they gave me I could voice whatever scientific prognosis", he said. He failed to explain who they were.
You see, one more litmus paper in the context the BP strong desire to sell its share in the project. They are only scary such a massive step could ruin the market and selling it in portions would bring inevitable losses. So they are staying idle for a while. But it can't last forever imo. Sooner or later it will occur!
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Re: Caspian region rich in gas is a pure fake.

Unread postby rockdoc123 » Tue 16 Jul 2013, 10:36:26

Why do you think RWE has dropped this project? The so called "second development stage" is just a PR myth!


The Azeri gas has a couple of options for export, one being Nabucco. There are a number of reasons why it has taken the consortium a couple of years to decide on an exit route, one being the technical challenges involved in the second development stage (which by the way has gone fully into the initial engineering stages which would not have happened if there were huge concerns about a reserve base or the appropriate technology being available).
RWE had been pressing the consortium since 2011 for a decision on where their gas would go. Without the large volumes from Azerbaijan Nabucco would likely not be an attractive economic investment and because it has taken so long for any certainty to arise as to what route would happen RWE chose to look at selling their interests to OMV.

Your post reads like something you would find on a stock message board where investors attempt to move share price in one direction or another by posting articles where they claim to have "inside information". They of course never say what that information is, where they got it....it is "secret" which makes it all the more ominous.

As a famous commercial once said...."where's the beef?"
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Re: Caspian region rich in gas is a pure fake.

Unread postby ROCKMAN » Tue 16 Jul 2013, 11:57:57

Test - ignore
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