34877 - Phase change in Southern Crete

N. Lygeros
Translated from the Greek by Athina Kehagias

We are slowly observing that the prospects of Southern Crete are changing and that the presence of the Greek EEZ is constructive as a result of the creation of the South Crete marine region.
The fact that the Exxon Mobil, Total and Hellenic Petroleum consortium has activated an entire dynamics context is now undeniable.
Initially, no one believed that what specialists were presenting in lectures and Masterclases could actually occur, however they are now seeing the first practical consequences in the case of the island of Cyprus in general, and for South of Crete in particular.
Because the consequences of what is about to occur to the region are now obvious in the land use planning of Crete itself.
Therefore, they all now see that there will be an area selection taking place for the onshore facilities which will accompany the hydrocarbon exploration activity, a fact which is indirectly related to what is already occurring in Limassol and Larnaca.
And the fact that the government accepted the consortium’s request enhanced that impulsion.
This decision is also followed up by the next one which is directly concerning the East Med pipeline, and which will begin at the area of the reserves located in the EEZ’s of Cyprus, Israel and Egypt, to finally reach the EEZ of Greece, passing through Crete and Peloponnesos to end up at the Italian EEZ so as to supply the European Union.
Consequently, we’ll have the creation of the accompanying natural gas pipeline’s onshore facilities, from the Eastern Mediterranean – Cyprus, towards countries of the European Union.
With these activities the sector of service and construction will be developed, and that even at the first phase.
Because in the second phase, the regions human resources will be even more spectacular, as due to associated needs there will be many working positions created, which could be multiplied with the construction of an LNG terminal station for the natural gas liquefaction.