Cyprus Hydrocarbons Exploration and Exploitation: Licensing for Natural Resources in Cyprus' Exclusive Economic Zone


Cyprus has procured licensing for prospecting, exploration and exploitation over its hydrocarbons reserves within its exclusive economic zone. Exploration for oil and gas offshore the Republic of Cyprus is certainly in a developing phase and the opportunity for involvement is currently at its highest levels. A considerable amount of geophysical data that is publicly available, the stable business and political environment and the tax efficiencies (zero taxation on revenues from offshore hydrocarbon exploitation) result in Cyprus becoming a jurisdiction attracting worldwide interest in the energy industry.

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Anastasios Antoniou
Anastasios Antoniou LLC | Cyprus Law Firm

Anastasios Antoniou LLC, ranked as leading Cyprus law firm by the Legal 500, is a boutique practice... View Profile »

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