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CYPRUS – THE SUSTAINABLE ENERGY HUB

FOR EUROPE IN THE EASTERN MEDITERRANEAN

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    GRAB THE OPPORTUNITY TO LEARN MORE ABOUT CYPRUS ENERGY MARKET
    • Held under the Auspices of
      Held under the Auspices of

      H.E. the President of the Republic of Cyprus -  Mr. Nicos Anastasiades

      East Mediterranean Breaking News:

      • Five years on, Israelis see few benefits from major gas deal

        Five years after Israel signed a landmark agreement to develop large offshore gas fields over the objections of antitrust authorities, environmentalists and consumer advocates, ordinary Israelis have yet to see the windfall promised by the government. The deal has chiseled away at the monopoly held by Houston-based Noble Energy and Israel’s Delek Group, which discovered and developed the fields, bringing prices down. The country is on track to phase out coal and derive nearly all its electricity from cleaner-burning gas and solar power by 2025, and is exporting gas to neighboring Egypt and Jordan. But the financial benefits have yet to trickle down to Israeli consumers, who continue to pay stubbornly high electricity costs even as oil and gas prices have plunged in recent years. Original Article

      • East Med tensions cannot be solved by unilateral action: FMs of Spain, Cyprus

        NICOSIA, Sept. 30 (Xinhua) — Tensions in the Eastern Mediterranean cannot be solved by unilateral action, foreign ministers of Cyprus and Spain said at a joint press conference after talks in Nicosia on Wednesday. Spain’s Foreign Affairs Minister Arancha Gonzalez Laya, who paid a one-day visit to Cyprus, made it clear that she was referring to tensions with Turkey. “My visit to Cyprus is very clearly meant to send a signal to you … of solidarity, of support to Cyprus in the face of tensions, Tensions in the Eastern Mediterranean region. Tensions with Turkey,” she said. “We do not believe that there is a unilateral solution to the problems of the Eastern Mediterranean region. Therefore we reject unilateral moves that are not helping in finding a long-lasting solution,” the Spanish official said. Original Article Click Here

      • Shell cuts oil and gas production as the market shifts towards renewables

        Shell Energy has announced that it will be making sweeping cuts to its oil and gas production business to free up cash to spend on renewable energy. By cutting day-to-day operating costs and reining in spending on new projects, the energy supplier hopes to slash costs by as much as 40 per cent. As part of this operational shift, Shell will now focus much of its oil and gas production on a few key hubs, such as Nigeria, the Gulf of Mexico and the North Sea. The company will also trim costs at its 45,000 petrol stations. For the original article click here

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      THE SUSTAINABLE EASTERN MEDITERRANEAN ENERGY HUB

      A STRATEGIC NATURAL GAS & HYDROCARBON ENERGY PARTNER FOR THE EMEA REGION 

      With so many exciting new discoveries in the Eastern Mediterranean basin; the strategically located island of Cyprus is poised to become a sustainable gas, offshore and energy partner for its European partners.

      Coinciding with a number of extensive new offshore discoveries the conference has attracted a large number of technical and commercial papers from some of the leading players in the global energy industry.

      EMC is part of the OMC – MOC group of events which covers the Mediterannean Energy Sector.

      EMC is set to become the 3rd meeting in the mediterranean area strategically located in Cyprus which has recently emerged as one of the most interesting areas in the world energy circuit.

      EMC 2020 is the essential platform for domestic and international stakeholders that invest, meet , network, share ideas and create new partnerships.

      THE NEW MEDITERRANEAN ALLIANCE

      The Eastern Mediterranean Gas Forum was the meeting place for the energy ministries coming from Cyprus, Egypt, Greece, Israel, Italy, Jordan, and Palestine held in Cairo to shape new alliances given the major gas discoveries in the East Mediterranean area making Cyprus the key meeting place to host a world class Exhibition and Conference.

      THE KEY GLOBAL & REGIONAL ENERGY STAKEHOLDERS OPERATING IN THE EASTERN MEDITERRANEAN REGION:

      ONGOING PROJECTS IN CYPRUS OVER THE NEXT 2 YEARS

      The Ministry of Energy, Commerce and Industry of Cyprus will give more concession to energy companies to start drilling in eight separate sites over the next two years searching for natural gas in waters off the east Mediterranean island’s southern coast.

      The Mediterranean basin is proved to be a world-class energy source with huge hydrocarbon potential. The recent energy discoveries in Cyprus, Such as: the Calypso discovery in block 6, the Aphrodite discovery in block 12 and the new recent discovery by ExxonMobil in block 10 raise Cyprus as one of the world-class energy countries to invest.

      Under the Auspices of

       

      H.E. the President

      of the Republic of Cyprus

      Mr. Nicos Anastasiades

      National Host


      CYPRUS HYDROCARBONS COMPANY

      In association with

      cyprus university of technology-LOGO-EN-WEB
      CUT – CYPRUS UNIVERSITY OF TECHNOLOGY
      Cyprus Greece Business Association logo
      CYPRUS-GREECE BUSINESS ASSOCIATION
      emerge
      EAST MED ENERGY RESEARCH CENTRE OF EXCELLENCE FOR GROWTH AND EDUCATION (EMERGE)
      ITALIAN TRADE AGENCY
      ITALIAN-CYPRIOT CHAMBER OF COMMERCE
      MEDITERRANEAN OFFSHORE
      CONFERENCE & EXHIBITION
      ALEXANDRIA, EGYPT
      OEB logo (transparent)-01
      CYPRUS EMPLOYERS
      & INDUSTRIALISTS FEDERATION
      logos_lat_11
      OFFSHORE MEDITERRANEAN
      CONFERENCE & EXHIBITION
      RAVENNA, ITALY

      Organised by

       

      INTERNATIONAL EXHIBITION SERVICES

       

      ROTA EXHIBITIONS GREECE

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