The third third annual Eastern Mediterranean Gas Conference (EMGC) will take place in Nicosia, 17-18 March 2015 and Noble Energy will be the lead sponsor, Gulf Publishing Company announced Friday.
The Conference will be addressed by J. Keith Elliott, Senior Vice President – Eastern Mediterranean Region from Noble Energy and Cypriot Finance Minister Harris Georgiades, amongst others.
The Conference includes a workshop that will cover the challenges oil and gas companies will face as they establish operations in the Cyprus environment, including direct taxation, indirect taxation (VAT), human capital and other related operational matters. Workshop attendees will learn how to navigate these challenges and optimize operational efficiency and related tax cost.
A series of recent discoveries by Noble Energy and its partners has increased the estimated gross resources of natural gas in the region to 40 trillion cubic feet (Tcf). Policy is currently being developed to determine how natural gas will be exported. During the two-day conference, attendees 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 company can establish business operations in the area.
“With this year’s event we will explore the potential uses of the Cyprus discovered natural gas resources of 4.5 Tcf, including regional distribution and transportation issues, as well as downstream applications,” said John Royall, President and CEO of Gulf Publishing Company.
EMGC provides a special focus on the latest geopolitical, market and technology trends related to the exploration, drilling, production, processing and marketing of natural gas in the area. The conference will cover critical issues such as resource potential, leasing/permitting, development plans, infrastructure requirements, governmental plans and regulations and more.
Other speakers include: Adi Karev, Global Head Oil & Gas and Regional Head (AP) Energy & Resources of Deloitte; Elfride Covarrubias Villegas, Business Development Manager Italy & Med Area of DNV GL – Oil & Gas; Gina Cohen, Gas Consultant, Eastern Mediterranean; Symeon Kassianides, Chairman and Chief Executive Officer of Hyperion Systems Engineering Group; Antonis Paschalides, Senior Partner: Head of Energy Law Department at Antonis Paschalides & Co LLC; Bill R. Alashqar, Managing Director, US Independents of GE Oil & Gas; and Geoff Hill, Partner, National Oil and Gas Leader of Deloitte, Canada. More information can be found online at www.EMGasConference.com.
CNA/KCH/AAR/2015
ENDS, CYPRUS NEWS AGENCY