Cyoilgas v1


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Comprehensive industry developments

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Cyoilgas v1

  1. 1. Cyprus Oil & GasAssociationUnder the auspices of the Cyprus Chamber of Commerce and IndustryEnergy Drivers for EmissionsPresenter: Andy Varoshiotis, BSc, MBA, IAFP, MSDTCOGA PresidentTel Aviv, Israel, May 7-9, 2013www.cyoilgas.orgMember BenefitsEast Med Industry DevelopmentsProspects and Investment Potentials
  2. 2. Energy Drivers for Emissionswww.cyoilgas.orgCyprus Oil & Gas MembershipThe Cyprus Oil and Gas Association (COGA) was founded by a group of professionals under the auspices of theCyprus Chamber of Commerce and Industry, with the aim of serving the interests of the companies andprofessionals in the oil and gas industry within the Cyprus Exclusive Economic Zone.Objectives:1. To protect and promote the interests of its members2. 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 andtraining in Cyprus.6. To promote the development of businesses and professionals in the oil, gas and Petrochemical industries.
  3. 3. 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 industryand to have a voice in the industry developments in
  4. 4. www.cyoilgas.orgOrdinary Membership:Any multi-discipline Oil & Gas operator, drilling company, seismic data provider, petrochemical laboratory, importeror exporter of petrochemical products, land storage carriers, field licensee, equipment manufacturer, by-productengineering company, oil and gas consulting firm, marine engineering, oil and gas shipping, LNG bulk carriers, oiltanker operators, company that provides services to clients in the Oil, Gas and Petrochemical industry andsatisfies the following conditions is eligible for Each applicant, as described above, shall be reviewed andapproved by the Board of Directors.Associate MembersAssociate Membership will be opened to all service providers, engineering companies providing services to theOil, Gas and Chemical Industry but not eligible to join as Ordinary Members.Example: Environmental companies, corporations and individuals involved in activities such as specialist studiesin plant safety / loss prevention, design subcontract, manpower supply, sales and/or services ofequipment/materials, fabrication of equipment packages, and construction of facilities. Associate members can belegal, secretarial, auditing, management consultancy, financial services, facility architects and civil engineeringdesigners, oil and gas asset finance companies, engineering professors and students in the related field. TheBoard has the right to expand the list on its discretion to cover other related fields.
  5. 5. Source: Cyprus Chamber of Commerce and IndustryAbout The CCCIThe Cyprus Chamber of Commerce and Industry is a private corporate bodyfunctioning under special law and is financially independent, free of any influence bythe state. The Chamber is funded by its members subscription fees and throughincome generated from a number of services it provides.The CCCI is the union of Cypriot businessmen, the interests of whom it promotes bysubmitting to the government and the Parliament the members positions on matters inwhich they are involved, while, through its participation in tripartite bodies andcommittees, it conveys and promotes the views of the business community.The Cyprus Chamber of Commerce and Industry was founded in 1927 and in 1963, anew 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 localChambers 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 ofurgency. For information concerning the members of the Executive Committee and ofthe Board of Directors of the CCCI.
  6. 6. Source: National Gas Public Company (DEFA)OUR AIMCyprus Oil & Gas Association, tends to cooperate closely by representing its members interests towards allGovernment agencies and companies such as DEFA, KRETYK and the Ministry of Energy, Tourism andIndustry.BRIEF DISCRIPTION AND SCOPE OF DEFA WORKConcerning the development of the internal gas market and network, a Natural Gas Company, known by itsGreek 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 systemof Natural Gas in Cyprus. The council of Ministers of the Republic of Cyprus has issued a decree dated18/06/2008, which appoints DEFA as the sole importer and Distributor of Natural Gas in Cyprus and directsDEFA 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.
  7. 7. Source: Ministry of Energy, Industry and Tourism.
  8. 8. Source: Ministry of Energy, Industry and Tourism.
  9. 9. Source: Ministry of Energy, Industry and Tourism.
  10. 10. Source Nobel Energy: Field Appraisal
  11. 11. Source Nobel Energy: Field Exploration
  12. 12. Source Nobel Energy: Field Development
  13. 13. Source Nobel Energy: Field Development
  14. 14. Source Nobel Energy: Field Development
  15. 15. Source Delek Energy: Israel Cooperation
  16. 16. Source Delek Energy: Israel Cooperation
  17. 17. Source: Clal Finance Brokerage. Israel Licences - Developments & Cooperation
  18. 18. Israel Cooperation and co-production and management
  19. 19. Source Delek Energy: The Israeli View - cooperation
  20. 20. Source Delek Energy: The Israeli View
  21. 21. Source: Ministry of Energy, Industry and Tourism.
  22. 22. Source Nobel Energy: LNG Plant Development
  23. 23. Source Nobel Energy: Potten and Partners
  24. 24. Source: Wallace P.
  25. 25. Source Nobel Energy: Industry Development
  26. 26. Source: Ministry of Energy, Industry and Tourism.
  27. 27. Source: Ministry of Energy, Industry and Tourism.
  30. 30. Source: Hyperion Systems Engineering. Man Power Training and Job OpportunitiesCOGA aims in promoting educational and training programs in associationwith training institutions and educators in the following fields:
  31. 31. Please visit for information and updatesTHANK YOU FOR YOUR ATTENTIONCyprus Oil & Gas AssociationMember Services & InquiriesCCCI Head officeDeligiorgi 8, & Griva DigeniNicosiaCyprusE-Mail Address: info@cyoilgas.orgE-Mail Address: avaroshiotis@cyoilgas.orgDept. of Services and TradeCyprus Chamber of Commerce and IndustryDirect Line: +357 22 889706E-Mail Address: