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Leading property experts in favour of “golden visa” proposal
May 2013
The suggested of a “golden visa” of residency for investors buying properties in Spain over €500,000 has been warmly welcomed...

Istanbul property market goes from strength to strength
April 2013
The buy-to-let property market is alive and well in Turkey and no more so than Istanbul...

Foreign investors favour Turkey right now
April 2013
As a result of the new “reciprocity law” in Turkey foreigners are buying property in Turkey in larger numbers than before....

American House Prices Set To Jump
March 2013
US property is being predicted with an increase of 22% expected over the next 5 years...

Foreign Sales of Spanish Property on the Rise
March 2013
Latest figures show an increase in sales to foreigners, including or perhaps especially Scandinavians...

Spain Starting to Show a Different Side
February 2013
While it is way to early for champagne and fireworks, or even wine and party-poppers in the Spanish property market, it does appear as if things have at least stopped getting any worse...

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Residences of Milan - Finance available

Florida  -  America
With demand in Central Florida for tenanted, investor units at an all time high, we have been able to source a true gem ...

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Exxon Mobil in Talks to Explore for Shale Gas in Turkey

Posted On: 17/03/2012

Exxon Mobil, who is the largest oil company in the world by market capitalisation, is apparently in talks with the state owned energy company TPAO about the possibility of exploring for shale gas in Turkey.

Turkey was estimated by the US government last year to have around 15 trillion cubic feet of shale gas which is technically recoverable, and it's hoped that Exxon could help TPAO tap into these huge reserves.

The company is currently looking at the potential in Trakya, in western Turkey and is deciding whether to enter into partnership with TPAO. The possibility of finding energy reserves in Turkey is beginning to attract a number of large foreign firms, as in November TPAO signed an agreement with Shell, Europe's largest energy company, to look for gas and oil in the Mediterranean and south-east region of Turkey.

Shell is hoping to develop shale gas deposits near to the city of Diyarbakir in south-eastern Turkey. Apparently other major international firms are also interested in exploring nearby areas.

In April last year a study by Advanced Resources International for the US government was made to look for global shale gas prospects, and identified Turkey, Poland, France, Ukraine, Morocco, Chile and South Africa as all being countries whose future energy supplies could be significantly boosted by shale gas.

The study identified two main areas in Turkey as being potential sites for shale gas production. One is the Anatolian Basin in the south-east, and the other is the Thrace Basin which is located to the west of Istanbul. It's essential for TPAO to have the support of large oil companies who already have expertise in horizontal drilling and fracturing equipment which is needed to extract shale gas. It's a complicated business to extract the gas, and there are only a few companies with sufficient infrastructure to drill a number of wells at the same time.

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Sandy Lance - Frontline Beach


Calabria - Italy
Sandy Lane Features • Frontline Beach. • Nearby amenities include: school, supermarket, 4 lidos, hotel, Enrico’s (coffee shop/ice cream/pasticeria), Callipo’s (Ice cream & Tuna). • Private ...

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City Spor 2 with gteed rental


Istanbul - Turkey
CITY SPOR 2 DESCRIPTION. Every day peoples’ biggest wish is to see the smiling faces of people they know, to enjoy comfortable living standards and, most importantly, to be in a safe environment. T...

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Tiba Plaza - new launch!!


Hurghada - Egypt
Tiba Plaza It’s coming to establish the incredibly successful “TIBA'S Projects” development family resorts which are located near of All Tiba's project. Tiba Plaza is located in the fast growing a...

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Tiba Nouria - New Launch


Hurghada - Egypt
Tiba Nouria It’s coming to establish the incredibly successful “TIBA'S Projects” development family resort. Tiba Nouria is located in the fast growing area of Al-Ahyaa, which has been recently desi...

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Palms Club


Florida - America
Welcome to The Palms Club, this vibrant Mediterranean-inspired environment creates a beautiful, tranquil setting even as the activity swirls non-stop around you. Enjoy as much or as little as you desi...

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Kusadasi Spa Village Resort - furnished


Kusadasi - Turkey
Fully furnished apartment on stunning development On the Aegean Coast of Turkey is an unspoiled area of natural beauty, an area of historical and natural containing thermal springs built far away ...

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Sousse Apartments Offer


Sousse - Tunisia
We have exclusive access to these fantastic 2 re-sale apartments in Sousse which are fully furnished to a nice for TUNISIAN standards. There are the original deeds available, registrations papers a...

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Lanna Koh Samui


Koh Samui - Thailand
Description: Nominated For The 2011 Asian Property Award, Best Residential Development Koh Samui. Following on from our sold out CODE development, Lanna, is a collection of studios, 1 Bedroom apartm...

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The Chezz - pay 70% on completion


Pattaya - Thailand
The Chezz Pattaya Price: THB 1,539,000 Type: Apartment Size: 29 Sq.m City: Pattaya Area: Central Pattaya Development: The Chezz Bedrooms: Studio Handover Date: 30/08/2014 Thailands leadin...

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AbaTalay Condos - new launch coming soon


Pattaya - Thailand
ABATALAY CONDOMINIUM at Jomtien Beach Affordable Luxury Ocean Side Condominiums starting at 699,000 Thai Baht A new development in Jomtien that is offering 23.1m2 studios for THB 750,000 (£...

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