ONLINE – WEBINAR SERIES

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LIVE – EXHIBITION AND CONFERENCE

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EMC 2021/ 2nd WEBINAR – WEDNESDAY APRIL 28th

REGIONAL GAS SUPPLY & DEMAND – MONETISATION ROUTES FOR REGIONAL NATURAL GAS PROJECTS

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

East Mediterranean Breaking News:

Oil optimism unwinds rushed storage deals
London/New York/Singapore — When the world economy slammed on the brakes in 2o20, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts. At the end of February, the volume of refined products held on stationary tankers for over 10 days stood at 19.2-million barrels, down 77% from a peak of 84-million last May, IHS Markit estimates show. To continue reading please click here
Turkey says it may negotiate maritime demarcation with Egypt
ANKARA (Reuters) – Turkey and Egypt could negotiate and sign a maritime demarcation deal in the eastern Mediterranean if their ties, which have been strained, allow for such a move, Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday. Ties between them have been frosty since Egypt’s army ousted Muslim Brotherhood President Mohammed Mursi, an ally of President Tayyip Erdogan, in 2013. They have also been at odds over maritime jurisdiction and offshore resources, as well as differences in Libya, where they backed opposing sides in the civil war. To continue reading click here
Global $2634.45 Billion Oil & Gas Upstream Activities Market to 2030
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls. Israeli Energy Minister Yuval Steinitz celebrated the emergence of a “new Middle East, especially in energy”, with the EMGF a testimonial to these shifts. Speaking at CERAWeek, Steinitz noted how Israel had begun exporting natural gas to Jordan and Egypt, from its offshore fields. To continue reading please click here

VIEW OUR PAST WEBINARS

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WATCH EMC WEBINAR SERIES 2020/DAY 4 - Nov. 25, 2020: "Assessing the Outlook for Cyprus in 2021; Developing Cyprus as a Post Covid E&P Hub for the EMEA Region"

WATCH EMC WEBINAR SERIES 2020/DAY 3 - Oct. 14, 2020: "Post Covid Transition to Cleaner Energy – the Eastern Med Perspectives"

WATCH EMC WEBINAR SERIES 202/DAY 2 - Sept. 16, 2020: "Doing Business in Cyprus & the Eastern Med Oil and Gas Industry"

WATCH EMC WEBINAR SERIES 2020/DAY 1 - July 29, 2020: "The Outlook for the Oil and Gas Industry in the Mediterranean – 2020 & beyond"

CHECK THE EMC WEBINAR SERIES FULL AGENDA AND AVAILABLE PRESENTATIONS

WHY CYPRUS?

IT IS 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.

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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.

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