ISSUE 28
JULY 14 - AUGUST 13, 2013
PRICE €4.95
5 29 129 5 00 057 7
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POWERED BY:
THE INTERNATIONAL INVESTMENT, FINANCE & PROFESSIONAL SERVICES MAGAZINE OF CYPRUS
The Russian
Federation has the
largest share of the
world’s natural gas
reserves
THE
$1.6 trillion
per year on average – will be
60 tcf
of natural gas
Natural gas is primarily
used for electricity
generation, industrial,
residential, and
commercial sectors
Natural gas emits up
to 60% less CO2 than
coal when used for
electricity generation
necessary to meet energy
demand until 2035
USGS estimates
that Cyprus may
have up to
Natural gas
is affordable,
reliable,
efficient and
available
Cyprus’
block 12 first
LNG export:
Q3/2019
Levant
Basin
holds
close to
3450
bcm of
natural
gas
25%
of the natural
gas arriving
in the EU is in
liquid form
Worldwide
consumption
of natural gas
3,222.9 bcm
in 2011
All 6 leased blocks
in Cyprus EEZ may
potentially hold
1,400 bcm
of natural gas
Europe is
dependent
on Russian
gas for
Cyprus’ block
12 first gas
to Cyprus:
35-40%
of its energy
Q3/2018
production
+ THANOS DOKOS, GEORGE IOULIANOS, PETER JOHN
KUWAIT
Learning from
the Kuwaiti
experience
INTERVIEWS
John M. Koenig
John Mauldin
Steve Roberts
SOCCERNOMICS
How to Deal
with German
Champions
PLUS:
MONEY / BUSINESS
ECONOMY
TAX & LEGAL
LIFESTYLE / OPINION