"There is great confusion about the Italy-Greece affair regarding the possible development of the Methane gas field in the Ionian Sea. In meetings abroad, companies paint Italy as 'a capricious little girl' as regards the energy skills of our country", These are the words of Michele Marsiglia - president FederPetroli Italy on the matter that for days has been causing discussion on the technical and legal skills of a gas field on the territorial boundary of the waters between Italy and Greece.
Continue Marseille "First of all we are still in the exploration phase, so it is only an initial step to actually evaluate the actual potential of the reservoir, it means that up to the Development, Production and Cultivation I can spend several months, if not years, and two, Italy at the abroad is seen as an eternal undecided: oil yes, oil no, but I want royalties. A very bad figure".
President Marseille argues about the reservoir technique "It is obvious that a reservoir and a 'Trap' - thus defined in the jargon as the area with the concentration of trapped hydrocarbon - can be small or, as in this case, rather large and, consequently, fall on the border of Italian and Greek territorial waters, already seen in Croatia. A frequent situation in offshore fields (at sea) but situations that are also seen in onshore oil wells, on the border for example between two regions. As for the final destination of the 'possible and probable' methane gas, both Global Med and other companies involved, I think they will certainly not be thinking about commercial and sales strategies yet but rather how bypass this ridiculous authorization problem".