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CYPRUS - THE EASTERN MEDITERRANEAN HUB, A SOURCE OF ENERGY FOR EUROPE

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

East Mediterranean Breaking News:

EMC to Launch Online Webinar Series
The EMC team is pleased to announce that in response to the postponement of EMC 2020 we will be launching a series of webinars. This will not replace the September show but will help provoke the debate – more information to follow.
Oil Nations Scramble To Beat The Coronavirus
Among the world’s 20 biggest oil-producing countries, there’s only one that has–as far as anyone really knows–escaped the coronavirus, but it’s got problems that are just as big. Taking stock of the pandemic from the perspective of oil-producing nations is important because COVID-19 adds another major layer of uncertainty to the already devastating oil price/market share war between Saudi Arabia and Russia. And while Libya has no “known” cases, and Russia is popping champagne corks over the West’s panic, Iran is reeling under a triple threat, Iraq just had a big operational scare, the UAE is clamping down, and the Saudis are perhaps taking measures that are too mild, too late. To continue reading click here.
Energean paves way for East Mediterranean gas monetization
UK-based Energean Oil & Gas — which is building a portfolio of mostly gas-focused Mediterranean assets — is keen to support the realization of more projects to monetize the region’s vast gas resources, its CEO Mathios Rigas said in an interview. Energean plans to start production from its major gas field complex offshore Israel in the first half of 2021, but is set to become a significant regional producer before that with the acquisition of Italy’s Edison E&P, which it hopes to close in the first half of this year. Rigas, while reflecting on the technical and geopolitical challenges of the East Mediterranean in particular, said independents such as Energean had a key role to play in accelerating developments and pushing forward key infrastructure projects. To continue reading click here.

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.