Hydrocarbons monetization is still decades away

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Hydrocarbons monetization is still decades away
 © CyprusMail 2019
If the licensees are unable to complete their work with speed and the government is not prepared to take back those blocks and re-license them, it only means monetization is decades away. Which also means that the government is not using the hydrocarbons as a source of revenue but only as a geopolitical lever with some vague objectives.

Why would you have any companies sitting on licenses for 7 years and then some additional extension years if the deposits are commercially viable? Exactly, because they are not economically viable and...


This article was automatically added to our system 10-7-2019

Hydrocarbons monetization is still decades away


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Article Tags: hydrocarbons, monetization, still, decades,