Elsa 2 Petroceltic: down the drain!

In yet another blow to the oil people from Ireland and the UK, and for Mr. Tom Bulford, the Italian Ministry for the Environment has denied approval to Elsa 2 as proposed by Petroceltic of Ireland.

Here is the news, the link to the Ministry's decision and a press release in Italian

Over the past year and a half, the Ministry had been inundated by phone calls, letters and environmental reports arguing against Elsa 2. We protested, marched and demanded actions be taken. Just as we have done for Ombrina Mare, we managed to get our point through to the authorities that may be.

We won.

Yesterday, May 23rd 2011, the Ministry finally came to the conclusion that we were right, and that it is pure folly to drill an oil rig just a few kilometers from the shores of Abruzzo and from a natural reserve.

Dear investors, as should be clear by now, Italy is not the place for oil drilling. We will keep fighting other oil rigs. We won't let you destroy this country.

Abruzzo against Petroceltic and Mediterranean Oil and Gas

Mr. Sergio Morandi and Mr. Brian O' Cathain, those gentlemen at Petroceltic and at Mediterranean Oil and Gas keep writing corporate-speak press releases about how nice they are to the people of Abruzzo and how they will drill us in an 'environmental' way. They even discuss their plans on how to bypass the new law passed by the Minister for the Environment, Stefania Prestigiacomo, to stop drilling within 12 miles of natural reserves and within 5 miles everywhere else.

From Dublin and London, they even use the word 'eco-drilling'; as if such a thing existed. Well, we are not going to let them insult our intelligence, nor drill our beaches. Here are a few videos of one of many marches and protests over the past few months to say NO to Petroceltic, MOG, Orca, Northern Petroleum, and to the Forest Oil Corporation. These are from May 30, 2010, in the town of Lanciano.

All major politicians have said NO to this project, including the president of the province and the coastal mayors of Abruzzo. Even the bishop said it is immoral to drill our waters!

We have been fighting big oil for the past 3 years. ENI - the seventh largest oil company in the world - packed up and left. Sirs, we are not going to let you destroy us.

GO DRILL YOUR OWN BEACHES!!

Bye Bye Ombrina Mare! Bye Bye Elsa!

Ha Ha Ha. Petroceltic just released this press release. They say the oil is 34 API and that they were supposed to start drilling in Q4 2010. What a joke. All over Abruzzo the API index is about 11/12. Just go look up what RospoMare has, and what ENI found on the proposed Miglianico oil field.
Heavy sour. So much so they needed a desulfurization plant.

Mr. O'Cathain, CEO of Petroceltic, DOES NOT EVEN KNOW HOW TO SPELL ABRUZZO RIGHT. Sir, shame on you. There has been no partnership whatsoever and to this day NOBODY wants you here.

Good news for Abruzzo, good news for Italians. Not so good news for oilmen and their investors.

Due to pressure from citizen groups, and due to the disaster that BP has made out of the gulf of Mexico, yesterday June 30 2010, the Italian minister for the environment, Stefania Prestigiacomo, announced that all drilling permits will be suspended sine die and retroactively for all drilling plans within 5 miles from the coast, about 9.2 km. In the case of natural reserves, the limit is extended to 12 miles, about 22 km.

This means that both Elsa and Ombrina Mare, as proposed by Petroceltic and Mediterranean Oil and Gas ARE OUT, since they are well within 9km from shore. Both are at about 5km or 6km from the coast. Both are right in front of the Parco Nazionale della costa dei Trabocchi.

We will keep monitoring and following the situation, since the news just came out yesterday.

But for now: Dear Petroceltic, Dear MOG: take your rigs, your FSPO, your dreams of becoming big players by exploiting the people of Abruzzo, take your oil plans and go hide yourselves!

It is sad that the gulf of Mexico had to turn into the mess it is, for our minister to come to this decision, but it is better than nothing.

Have a nice summer Mr. Sergio Morandi, have a nice summer Mr. Brian O'Cathain.

TO Mediterranean oil and gas investors, regarding Ombrina Mare

What MOG is telling you:

A few days ago, UK-based Mediterranean oil and Gas announced on several websites the doubling of its reserves for the Ombrina Mare field in the Adriatic waters off Abruzzo, Italy. Current estimates are at about 40 million barrels of oil: 12 are proven, 28 are probable.

MOG also claims that they have submitted plans for development of Ombrina Mare back in 2008 and that they expect to commence production in 2012, through one production platform, an FPSO, five wells and subsea pipelines. They also plan to furher their drilling activities in the future.

What MOG is not telling you:

MOG has not disclosed that currently THEY DO NOT HAVE PERMISSION TO DRILL THE ADRIATIC. Their permits are pending and it is very likely they will be denied.

Indeed, MOG management has been less than candid regarding the huge opposition among residents against this and any and all drilling plans for the region of Abruzzo. MOG plans to drill 6 km - about 4 miles - from shore. Its concession proposal overlaps with fishing sanctuaries. The onshore area is part of the National Park "La costa dei trabocchi". All of us love this sea immensely and MOG is playing with fire by touching something that is so sacred to the Abruzzo people.

Antidrilling sentiments are widespead and virtually every major political, business, social, cultural and religious group has been vocal about its opposition to drilling. We have sent about 100 documents to the Ministry of the environment urging them not to approve MOG's plan. Among signatories: the Catholic Church, Confcommercio (the Union of Merchants), Assoturismo, The Province of Chieti, ten municipalities, the WWF, dozens of academics, medical doctors, lawyers, engineers, school children, soccer clubs. About 50,000 signatures have been gathered so far against all drilling plans for Abruzzo.

A huge protest day against MOG is set for April 18th 2010.

Initially MOG was going to use an onshore refinery to process its crude oil, the ill fated Miglianico project proposed by ENI. The refinery was never built due to opposition from us, the people. Prime Minister Berlusconi himself during a 2008 visit declared there would be no oil refineries in Abruzzo. So MOG changed its plans and proposed the FPSO, 10 km offshore, simply beacuse onshore facilities did nto exist and could not be built by law.

If we were so strong and succesful in stopping ENI - Italy's largest and partly state owned oil company, do you think we will idly sit and let Mr. Sergio Morandi and Mr. Micheal Bonte-Friedheim take our sea from us? ENI iteslf is divesting from Italy because people will not allow them to do as they please in a country that is too beautiful to be destroyed by low grade, sulphur laden crude oil - the bottom of the barrel in words of an ENI executive.

So, the bottom line is that in my personal opinion, investing with MOG or any minor company that wants to drill ecologically sensitive Italy is like throwing your money away.

Apart from the Miglianico oil project (Ortona, ENI) that is on indefinite hold, this writer - a physicist and professor of Mathematics who is part of the Sustanability Institute at her California Institute - has been instrumental in stopping oil projects in il Parco del Curone (Milan) where the Australian firm Po Valley had plans to drill. They packed up and left due to opposition from residents. Similarly in Monopoli (Bari) the Regional Tribunal for Puglia rescinded the drilling permits awarded to Northern Petroleum.

The people of Abruzzo, all 1 million of us, will do all we can to stop MOG.