STATUS AND FUTURE CONSIDERATIONS OF THE OIL AND GAS SECTOR IN CYPRUS NIKOLAOS GEORGAKOPOULOS MECHANICAL ENGINEER, MSC IN OIL AND GAS MANAGEMENT ? FINANCE AND INVESTMENT ROUTE.
Journal Title: International Journal of Advanced Research (IJAR) - Year 2018, Vol 6, Issue 3
Abstract
Developments in the Oil and Gas Industry have witnessed a great boost in recent years in Cyprus, an ?energy island?. The present research paper presents the legal framework regulating the Oil sector in Cyprus before proceeding in presenting current and possible future hydrocarbon discoveries within its Exclusive Economic Zone. Simultaneously, political issues in the South-East Mediterranean region, the delimitation of Exclusive Economic Zones and possible export options are being taken into consideration and analyzed in depth. The most prominent way to approach this topic was through studying all the interrelated issues that have an impact on the subject under analysis. The research was based on accumulating multiple data from various sources that were later evaluated. Interviews were held with experts of the SE Mediterranean Oil Sector, Energy Consultants, Economists, Negotiators, and Energy Analysts. Additionally, to ensure a sufficient sample of data, other authorities, oil companies, as well as individuals from other organizations who are actively related to the subject, were approached. The results of the study point that Cyprus is presented with new economic and geopolitical opportunities that through prudent management, cooperation, and the support of the EU could achieve the overall goals of boosting economic growth, developing the Cypriot Oil and Gas Industry, thus playing a key role in reducing the EU?s dependency on energy imports by diversifying supply routes and/or supply sources.
Authors and Affiliations
Nikolaos Georgakopoulos.
Keywords
Related Articles
- EP ID EP284306
- DOI 10.21474/IJAR01/6780
- Views 76
- Downloads 0
ARTHROSCOPIC LIMITED INTERCARPAL FUSION WITH BONE GRAFT INPATIENTS WITH KIENBOCKS DISEASE.
Objectives:This study aims to present our clinical results obtained in arthroscopic limited intercarpal fusion performed with use of bone graft in patients with Kienb?ck?s disease. Patients and methods:The study included...
CLINICAL PROFILE, ANGIOGRAPHIC FINDINGS AND OUTCOMES FOLLOWING INTERVENTION IN PATIENTS WITH TAKAYASU?S ARTERITIS.
Objective: To analyse the clinical presentation, angiographic findings and outcome following intervention (endovascular and open surgical) in patients with Takayasu?s arteritis. Methods: This is a retrospective observati...
IS HEPATITIS C LIKE A HOT KNIFE THROUGH BUTTER (A SILENT KILLER).
Hepatitis C virus belongs to the flavi virus family. Hepatitis C virus is known as Non-A and Non-B hepatitis. It exists in six genotypes with different worldwide distribution. It is a curable disease.HCV is the common ca...
ANALYSIS OF FACTORS AFFECTING OCCUPATIONAL SAFETY INDONESIAN NURSES WHO WORK IN QATAR.
The main objective of this research is to analyze the factors that influence the safety of Indonesian nurses working in Qatar. The population in this study were 58 nurses, while the sample taken was 43 respondents who we...
A STUDY ON STRADDLE OPTIONS STRATEGY, A GUIDE TO THE EQUITY DERIVATIVES INVESTORS.
Options are measured risky for investors and speculators due to oscillation in the direction of price movements. An investor has to face the risk of profits where it may be enormously high; here investors fail in decidin...