CYPGasTech 2018 CYPGasTech 2018_e-Booklet | Page 36

Mr. Michalis Chrysaphis Industrial Extension Officer, Hydrocarbons Service, Ministry of Energy, Commerce & Industry T: +357 22 409323 E: [email protected] Michalis Chrysaphis is an Industrial Extension Officer at the Hydrocarbons Service of the Ministry of Energy, Commerce and Industry. He holds a MSc in Energy Resource Management from Cyprus University of Technology (CUT/ TEPAK), a Master’s in Int'l Relations and European Studies from University of Nicosia, a Master of Business Administration (M.B.A.) from Mediterranean Institute of Management (MIM) and a MSc in Chemical Engineering from National Technical University of Athens. He speaks English and French. "The role of CYnergy programme in the import of Liquefied Natural Gas (LNG) in Cyprus" Establishment of a Natural Gas supply and distribution system in Cyprus by taking as a focal point the floating LNG Facility (FSRU or FSU and floating regasification unit). Complementarities with other TEN-T & CEF actions - CYNERGY Added value COSTA I (2011-EU-21007-S) ARCHIPELAGO (2013-EL-92080-S) POSEIDON MED Ι - COSTA II (2013-EU-21019-S) POSEIDON MED II (2014-EU-TM-0673-S) extends the impact of these actions. provides a holistic approach towards the use of NG covers the complete core & comprehensive TEN-T network of CY examines the use of both LNG & CNG, not solely LNG "Projects of common interest: Their strategic importance for EU and Cyprus" PCIs usually interconnect two member states on the basis of their importance for the development of Trans- European Energy networks (TEN-E)m i.e. the European electricity and gas networks. Political Decisions for EU Energy Supply (04/02/2011): Prior to the publication of this European Regulation, the European Council of 4 February 2011 concluded that "No EU Member State should be isolated from the European gas and electricity networks after 2015 or see its energy security jeopardized by lack of appropriate connections". PCIs are important for EU Energy Security of Supply: ● The EU imports more than half of all the energy it consumes. ● Many countries are also heavily reliant on a single supplier. ● EU Commission released its Energy Security Strategy in May 2014. The Strategy aims to ensure a stable and abundant supply of energy for European citizens and the economy. In the current PCI’s list for the Future of the EU, three projects concern Cyprus: * EuroAsia Interconnector * EastMed pipeline * CyprusGas2EU (FSRU option) The Cyprus National Competent Authority is preparing an One Stop Shop for Energy PCIs in order to enhance stakeholders’ communications and consultations. The One Stop Shop for Energy PCIs includes internal procedures for Energy Investors Hub, Call Centre and interactive website (E-Platform) available in English and Greek versions.