21121 - The deposit Zohr and the upgrading of Greece
N. Lygeros
Translated from the Greek by Athena Kehagias
The Zohr reserve is responsible for Egypt’s energean upgrading, since through its EEZ, it provides self-sufficiency in the hydrocarbons sector for her.
However, the contribution of this hypergiant reserve is not only that.
We may hear that it is at a close proximity to the Cypriot EEZ, but as long as the reserve hasn’t a penetration within it, it doesn’t change the data.
Because quite simply, Cyprus is not a necessary passage for Egypt, as it has a zone of contact with the Greek EEZ.
Yet again, the irrelevance confuses this case with that of Israel’s, which must necessarily pass through the Cypriot EEZ in order to reach Europe.
In each case, it’s Greece that is been upgraded as a passage, especially if we take into account the fact that the Zohr reserve is a European discovery, since it is the Italian ENI which located Zohr, and Italy belongs to the European Union’s largest consumers of natural gas.
In other words, Greece is already situated between the gas fields and the consumers, which practically means that, even without its own resources, in the sense of mining, our country is already playing an important role.
The third contribution of the Zohr reserve, and certainly the most important for us, is that its existence proves the objective value of the Levantine Basin, as there are already found within it, the reserves Tamar, Leviathan, Aphrodite and Zohr, and we know that it’s proportional to the Herodotus Basin, which concerns us directly through the affect of the complex of Kastellorizo.
Additionally, the Zohr reserve is proportional to the Minos reserve, which is located south of Crete and it is of tremendous importance for the future of our homeland.