Postponed gas prospecting hole in the Algarve – publico

 
         

                 

                         
                     

                 

 
 

The natural gas research on the Algarve coast, expected to begin by the end of the year, was delayed, getting the oil to wait for better opportunity. The consortium formed by Repsol and Portuguese Partex decided to suspend the hole prospect that had predicted held in October, at a distance of about 40 kilometers in front of Tavira, confirmed the PUBLIC at Repsol.

Spanish oil was limited to confirm the suspension, which had been advanced by the Business Journal , saying only that the project was “postponed”, but did not rule out the possibility of the resumption when considering there are better conditions.
the uncertainty around the project of Repsol and Partex sum up well the unknowns that already involve the future of concessions in Alentejo waters that are in the hands of the Italian ENI and Galp. The Portuguese oil company had admitted earlier this month that the consortium would suspend the implementation of the first hole in the Alentejo basin, 44 kilometers from Aljezur. The project was planned for July.

Given the “delays and revaluations” of the two consortia, the Government should “use this opportunity to definitively end all contracts in place,” a total of 15, and move line with the “development of an economy based on the use of renewable energy and low carbon”, defended the environmental group Zero, that in July sent a complaint against the Portuguese State to the European Commission alleging violation of European safety standards in research and hydrocarbon exploration in the sea ( offshore ).

plans changes were also well received by the movement Clean Future. Whereas it is a “good news”, the civic movement which brings together some elements that recently fought against the sale of TAP private invokes “many legal flaws” and omissions in contracts with oil companies, which justify annulment thereof .

of all the gaps, the move underscores the lack of participation of the people in decision-making and the lack of environmental impact studies. On the other hand, points out that the financial contributions to the state, if the holding is economically viable, are “ridiculous”

Since the Free Algarve Platform Petroleum (PAPL) left a warning:. “The oil did not say who gave up just reported that delayed “.

Zero recalls that the Parliament had already made a recommendation to the government calling for” immediate suspension of the granting process, exploration and extraction oil and gas in the Algarve “

So far, the only reaction, evasive on the subject came from the Minister of the Environment, João Pedro Matos Fernandes:.” the government knows what are the great values ​​that Algarve has and never will do anything that might at any time disturb these environmental values. “