Cyprus Oil & Gas AssociationUnder the auspices of the Cyprus Chamber of Commerce and Industry

Energy Drivers for Emissions

Presenter: Andy Varoshiotis, BSc, MBA, IAFP, MSDTCOGA President

Tel Aviv, Israel, May 7-9, 2013

www.cyoilgas.org

Member BenefitsEast Med Industry DevelopmentsProspects and Investment Potentials

Energy Drivers for Emissions

www.cyoilgas.org

Cyprus Oil & Gas Membership The Cyprus Oil and Gas Association (COGA) was founded by a group of professionals under the auspices of the Cyprus Chamber of Commerce and Industry, with the aim of serving the interests of the companies and professionals in the oil and gas industry within the Cyprus Exclusive Economic Zone. 

Objectives:

1. To protect and promote the interests of its members

2. To provide a forum for discussion on issues of common interests.

3. To promote co-operation among members.

4. To promote the use and development of local resources in the oil, gas and petrochemical industries. 

5. To collaborate with local and international research centres and institutions to stimulate skills development and training in Cyprus.

6. To promote the development of businesses and professionals in the oil, gas and Petrochemical industries.

Incorporation:

The Association has been incorporated as a non profit organization registered as a limited liabilityCompany guaranteed by shares. .

In order to further enhance its objectives the Association may affiliate with any relevantCyprus and international institution pursuing similar objectives.

Activities:

Since its inception, COGA has been active in organizing technical talks, an annual member conference, extraordinary general meetings, presentations, parliamentary works participation in the relevanthouse of representative committees.

The Board meets ordinarily and is elected every three years by full members only,Associate Members do not have voting powers. 

Benefits:

It is an effective platform to promote the advancement of the oil and gas industry and to have a voice in the industry developments in Cyprus.

www.cyoilgas.org

www.cyoilgas.org

Ordinary Membership:

Any multi-discipline Oil & Gas operator, drilling company, seismic data provider, petrochemical laboratory, importer or exporter of petrochemical products, land storage carriers, field licensee, equipment manufacturer, by-product engineering company, oil and gas consulting firm, marine engineering, oil and gas shipping, LNG bulk carriers, oil tanker operators, company that provides services to clients in the Oil, Gas and Petrochemical industry and satisfies the following conditions is eligible for Each applicant, as described above, shall be reviewed and approved by the Board of Directors.

Associate Members

Associate Membership will be opened to all service providers, engineering companies providing services to the Oil, Gas and Chemical Industry but not eligible to join as Ordinary Members.  Example: Environmental companies, corporations and individuals involved in activities such as specialist studies in plant safety / loss prevention, design subcontract, manpower supply, sales and/or services of equipment/materials, fabrication of equipment packages, and construction of facilities. Associate members can be legal, secretarial, auditing, management consultancy, financial services, facility architects and civil engineering designers, oil and gas asset finance companies, engineering professors and students in the related field. The Board has the right to expand the list on its discretion to cover other related fields. 

Source: Cyprus Chamber of Commerce and Industry

About The CCCIThe Cyprus Chamber of Commerce and Industry is a private corporate body functioning under special law and is financially independent, free of any influence by the state. The Chamber is funded by its members' subscription fees and through income generated from a number of services it provides.

The CCCI is the union of Cypriot businessmen, the interests of whom it promotes by submitting to the government and the Parliament the members' positions on matters in which they are involved, while, through its participation in tripartite bodies and committees, it conveys and promotes the views of the business community.

The Cyprus Chamber of Commerce and Industry was founded in 1927 and in 1963, a new structure was adopted, which remains in operation to date, under the name of: "Cyprus Chamber of Commerce and Industry". The CCCI is the federation of the local Chambers of Commerce and Industry (CCIs) which operate in Nicosia, Limassol, Famagusta, Larnaca and Paphos.

The Chamber is governed by a 36-member Council chaired by the President.A 13-member Executive Committee acts as coordinator and handles matters of urgency. For information concerning the members of the Executive Committee and of the Board of Directors of the CCCI.

Source: National Gas Public Company (DEFA)

OUR AIM

Cyprus Oil & Gas Association, tends to cooperate closely by representing its members interests towards all Government agencies and companies such as DEFA, KRETYK and the Ministry of Energy, Tourism and Industry.

BRIEF DISCRIPTION AND SCOPE OF DEFA WORK

Concerning the development of the internal gas market and network, a Natural Gas Company, known by its Greek Acronyms as DEFA, has been established and is responsible for the import, storage, distribution, transmission, supply and trading of natural gas, and the management of the distribution and supply system of Natural Gas in Cyprus.  The council of Ministers of the Republic of Cyprus has issued a decree dated 18/06/2008, which appoints DEFA as the sole importer and Distributor of Natural Gas in Cyprus and directs DEFA to proceed with securing the necessary Natural Gas quantities at the best commercial terms.

BRIEF DISCRIPTION OF CYPRUS HYDROCARBON COMPANY (KRETYK)

DEFA is a public utility tasked with distributing natural gas to the local market, while KRETYK is a state-controlled oil and gas company responsible for developing, managing, exporting and operating gas.

Source: Ministry of Energy, Industry and Tourism.

Source: Ministry of Energy, Industry and Tourism.

Source: Ministry of Energy, Industry and Tourism.

Source Nobel Energy: Field Appraisal

Source Nobel Energy: Field Exploration

Source Nobel Energy: Field Development

Source Nobel Energy: Field Development

Source Nobel Energy: Field Development

Source Delek Energy: Israel Cooperation

Source Delek Energy: Israel Cooperation

Source: Clal Finance Brokerage. Israel Licences - Developments & Cooperation

Israel Cooperation and co-production and management

Source Delek Energy: The Israeli View - cooperation

Source Delek Energy: The Israeli View

Source: Ministry of Energy, Industry and Tourism.

Source Nobel Energy: LNG Plant Development

Source Nobel Energy: Potten and Partners

Source: Wallace P.

Source Nobel Energy: Industry Development

Source: Ministry of Energy, Industry and Tourism.

Source: Ministry of Energy, Industry and Tourism.

Source: CYGAS – INVESTMENT OPPORTUNITIES

Source: CYGAS – INVESTMENT OPPORTUNITIES

Source: Hyperion Systems Engineering. Man Power Training and Job Opportunities

COGA aims in promoting educational and training programs in association with training institutions and educators in the following fields:

Please visit www.cyoilgas.org for information and updates

THANK YOU FOR YOUR ATTENTION

Cyprus Oil & Gas AssociationMember Services & Inquiries CCCI Head officeDeligiorgi 8, & Griva DigeniNicosiaCyprusE-Mail Address: info@cyoilgas.orgE-Mail Address: avaroshiotis@cyoilgas.org

Dept. of Services and TradeCyprus Chamber of Commerce and IndustryDirect Line: +357 22 889706E-Mail Address:  andersson@ccci.org.cy