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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

Green Car Congress

The Levant Basin contains the activity closer to Cyprus, while the gas production offshore Egypt is a part of the Nile Delta Basin. Analysis has shown that this novel cogeneration concept is technologically viable in Cyprus. Depending on the tax scheme, it may raise $1.5 billion in taxes. —Sergey Paltsev.

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