This Summit will address the geological position of Cyprus as a crossroad of three continents; the country’s rich natural resources that have been discovered within its exclusive Economic zone; and the future development plans of the industry.

According to organisers, stakeholders of the region will provide a full and detailed overview of the oil and gas industry and the opportunities for investment, while companies with experience in the Greek hydrocarbons market will give an overview of their active operations in Greece.

Greek authorities and experts will deliver presentations addressing the upcoming bidding round, the acquired seismic data and discussions around the most promising basins for exploration and production.

Source: Famagusta Gazette