Dear Industry Colleagues,
It gives me great pleasure to welcome the energy industry players and stakeholders to Cyprus for the inaugural edition of the EMC – EASTERN MEDITERRANEAN CONFERENCE & EXHIBITION.
The East Mediterranean has proven in recent years to be a world-class source for natural gas with significant further potential. Cyprus itself has become an attractive destination in the Mediterranean, with significant business opportunities, in a unique investment climate. This small but dynamic country has long established a strong reputation for international business activities, retaining unique clusters of expertise and service capability to support key growth sectors of the economy, including the energy sector.
As a member of the wider EU and Eurozone community, Cyprus ensures safety and stability for investors. Cyprus also has a young but fast developing Research and Innovation ecosystem, supported by government stakeholders, aided by public and private universities and implemented through several Research Institutes and Centers of Excellence. Sustainable and cleaner energy is a key focus area in these efforts.
The Cyprus Hydrocarbons Company (CHC), as the National Oil and Gas Company of the Republic of Cyprus, is focused on unlocking the potential of Cyprus’ natural gas resources as a cleaner energy source for the benefit of the region, Europe and beyond. With a number of discoveries in Cypriot waters, such as Aphrodite in Block 12, Calypso in Block 6 and Glaucus in Block 10, progress is being made towards monetization of these resources, with further resource potential being explored. Cyprus continues to be at the forefront of energy investment.
Cyprus has been ever present in promoting regional initiatives for collaboration, with energy always being high on the agenda. The recent official formation of the East Mediterranean Gas Forum (EMGF), with Cyprus as a founding partner, is evidence of this. The presence also of the Gas Industry Advisory Committee within the EMGF is significant and will provide for broader collaboration between industry and regional governments.
As head of the National Hydrocarbons Company and the head of the Steering Committee of EMC, it is my great pleasure to announce and support the first edition of the EASTERN MEDITERRANEAN CONFERENCE & EXHIBITION that will take place in Nicosia from the 10th – 12th November 2021. Targeting the Mediterranean Countries and further afield EMC sets to become one of the most important global gatherings for industry leaders and technical experts, seeking to develop the pathways towards cleaner and sustainable energy.
We look forward to welcoming you all to the inaugural EASTERN MEDITERRANEAN CONFERENCE & EXHIBITION.
Prof. Toula Onoufriou
PRESIDENT, CYPRUS HYDROCARBONS COMPANY
PROFESSOR, CYPRUS UNIVERSITY OF TECHNOLOGY
CHAIRMAN, EMC ADVISORY BOARD