9th Mediterranean Oil and Gas Forum to discuss development of East Mediterranean gas and its impact on the market

The development of East Mediterranean Gas and its Impact on the European and International Gas Market is the topic of the 9th Mediterranean Oil and Gas Forum 2018 that will take place in Nicosia on March 27 and 28 and will focus on commercial agreements of American and European oil majors and independents in the Cypriot, Israeli, Egyptian, and Greek gas markets.

The Forum is organised by US Energy Stream and will be addressed among others by Cyprus President Nicos Anastasiades. The main topics on its agenda are: the energy policy of President Anastasiades and the new Cypriot government,the American perspective from the State Department and the U.S government, how the Israeli-Cypriot energy co-operation is developing, how the Egyptian-Cypriot-Mediterranean co-operation is developing, when the new American and European energy investments in Eastern Mediterranean will be implemented, how the drilling plans of the oil majors will develop in the region and who are the new companies that will invest in the future.

According to US Energy Stream CEO Anthony Livanios, “the recent upstream gas discoveries in Cyprus, Israel, and Egypt reflect the future growth of hydrocarbons in the region. The Forum is a unique opportunity for energy leaders to engage in a productive dialogue with government decision makers and international investors.”

Livanios noted that “the 9th Mediterranean Oil and Gas Forum 2018 will bring together government and energy leaders to promote American and European energy investments in Cyprus and Eastern Mediterranean.

Other speakers at the Forum are Cyprus Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis, US Ambassador to Cyprus Kathleen Doherty, Ambassador, Special Envoy on Energy, OECD coordinator at the Israeli Foreign Ministry Ron Adam, the Chairman of the Committee on Financial and Budgetary Affairs of the Cyprus House Avefor Neofytou, US Ambssador (ret.) and non-resident senior fellow, at the Atlantic Council Matthew Bryza, CEO of the Energy and Environment Holding of Qatar Roudi Baroudi, fmr Chairman and CEO of RWE Supply and Trading CZ and Managing Director of the Gas Value Chain Company of Germany Wolfgang Peters, former Minister of Energy, Commerce and Industry of Cyprus Antonis Paschalides, Chairman of Cyprus Energy Regulatory Authority Andreas Poullikkas and Livanios.

Seventeen countries are represented at the Conference: Cyprus, Israel, Germany, Canaca, Norway, Turkey, UK, France, Egypt, Finland, Sweden, Russia, US, Greece, Belgium, Lebanon and Qatar.

Source: Cyprus News Agency