Cyprus holds its third annual Eastern Mediterranean Gas conference

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The third annual Eastern Mediterranean Gas Conference (EMGC) is being held at the Hilton hotel in Nicosia on 17th-18th of March 2015. The conference is taking place at a time of swift developments in the energy sector of the Eastern Mediterranean continent.
A sequence of recent discoveries by Noble Energy and its partners has improved the gross resources of natural gas estimate to nearly 45 trillion cubic feet. Currently a policy is being developed to determine how natural gas will be exported. Attendees at the conference will have numerous opportunities to network with executives and government officials who are actively involved in developing the region’s natural gas industry and learn how their companies can establish business operations in the area.

In 2015 a new addition will be a breakfast workshop for attendees being hosted by Deloitte. The workshop will cover the trials that oil and gas companies face as they establish operations in Cyprus, and other related operational matters such as VAT and taxes. Workshop attendees will learn how to overcome these challenges while optimising operational efficiency and related tax cost.

EMGC will provide key focuses on the latest geopolitical, market and technology developments related to the exploration, drilling, production, handling and marketing of natural gas in the area. The conference will cover issues such as reserve potential, development plans, infrastructure requirements, as well as governmental plans and regulations.

Scheduled speakers include but are not limited to: Adi Karev, Deloitte’s Global Head & Regional Head; Energy & Resources Harris Georgiades; Minister of Finance for the Republic of Cyprus and Elfride Covarrubias Villegas who is the Business Development Manager for DNV GL, Oil & Gas.