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Our firm attends the 2nd Cyprus Energy Forum
07.12.2012

The 2nd Cyprus Energy Forum was held in Nicosia, on 6 December 2012, and the focus was very much on current developments in the energy sector and the prospects from the exploitation of natural gas within Cyprus’ Exclusive Economic Zone (EEZ), as well as future cooperation with Israel.

Our firm was among the numerous attendees at the Forum, including policy makers, business, decision makers and investors from the energy sector. The Forum, entitled 'Paving the road for success - Oil and Gas Developments in the Eastern Mediterranean, addressed issues such as:

- Foreign policy in the Eastern Mediterranean
- Creation of an energy hub in Cyprus
- Use of the energy hub in Cyprus by neighbouring
countries
- Infrastructure that needs to be built in order to ensure
the role of Cyprus as a leader in the area
- Social and financial benefits for Cyprus
- Intermediate solution proposed in order to safeguard
the energy sufficiency of Cyprus until the advent of
Cypriot natural gas ashore
- Developments with regards to the next steps for
licensing within the Exclusive Economic Zone of
Cyprus
- Exploration and exploitation of Cyprus’ natural gas
potential
- Investment opportunities in other sectors that arise
from Cyprus’ exploitation of natural gas reserves

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