Apr 4, 2017
In this 9 minute interview on ANTENNA's (ANT1, Cyprus) daily show with Nikitas Kyriakou (04/APRIL/2017) Constantinos Papalucas discusses the Israel/ Cyprus/ Greece/ Italy (plus EU) quadrilateral meeting on the East Med Pipeline, Italy's interest in the project and other eastern Mediterranean energy developments following the completion of Cyprus' 3rd licensing round which has seen oil majors either gain a foothold in Cypriot EEZ (ExxonMobil and Qatar Petroleum) or extend their presence (ENI and Total). The interview is in Greek with English Subtitles.
Constantinos Papalucas is a former Associate with the Environment and Natural Resources Program (ENRP) at Harvard University’s Belfer Center for Science and International Affairs where he focused on the issues surrounding the gas finds and the emerging energy hubs in the Eastern Mediterranean.
Showing posts with label NBP Gas Hub. Show all posts
Showing posts with label NBP Gas Hub. Show all posts
Tuesday, April 4, 2017
Sunday, September 11, 2016
Can Cyprus become a regional energy hub? - CYPRUS MAIL
By Constantinos Hadjistassou
Frequently we hear of Cyprus’ aspiration to become a regional energy hub. Turkey flirts more prominently with the idea while Egypt more recently voiced serious interest. Considering the economic importance of energy hubs not only for the host country but to the world’s economy, it is instructive to explore what an energy hub is and what it takes to establish one.
To begin with, energy hubs are divided into oil hubs or natural gas hubs. They are important for a host of reasons, namely, the financial benefits from trading activities, employment opportunities for maintaining storage and transportation facilities, geopolitical leverage, access to petroleum supplies and value adding activities such as refining crude oil or raw materials for petrochemicals and the technical know-how possessed by oil companies and contractors.
Sunday, January 24, 2016
Centre of attraction | in-cyprus.com (Cyprus Weekly)
During his visit to Cyprus, Maros Sefcovic, EU Vice-President and Commissioner for Energy, stressed the importance of Cyprus to the EU’s energy union strategy and said that gas discoveries in Egypt, Israel and Cyprus are very promising.
The needs in the region are substantial but it seems that there will be a potential for export and possibly the development of a regional gas hub.
Gas trading hubs are well established throughout Western Europe but elsewhere the concept is often misunderstood, especially around the East Med.
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