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[PIO] Energy Minister goes to London for energy and investment contacts

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Minister of Energy, Trade and Industry George Papanastasiou is going to London today for a two-day working visit, during which he will have separate meetings with senior executives of oil companies BP and ExxonMobil in the afternoon. He will also participate tomorrow, Friday, in The Economist's annual conference "The Cyprus Investment Summit", as well as in a roundtable discussion on Cyprus' competitiveness (How to Improve Cyprus Offering and Competitiveness), co-organised by the High Commission of the Republic of Cyprus in London, Invest Cyprus and Cypriots in the City.

In particular, tomorrow morning the Energy Minister will speak at the Economist conference, where he will have the opportunity to present to the attendees the developments concerning the hydrocarbon sector and the Government's efforts to bring natural gas to Cyprus. In the afternoon, Mr. Papanastasiou will participate in the roundtable discussion on Cyprus' competitiveness, presenting the main policies promoted by the State, such as the continuous evolution of both the Strategy for attracting investment and talent to our country and the Business Facilitation Unit operating within the Ministry of Energy, which was recently designated by the Council of Ministers as a Single Service for the licensing of renewable energy projects.

During his stay in London, the Energy Minister will also meet with a delegation from the UK National Cyprus Federation and the Chairman of the UK-Cyprus Business Council, Mr. Peter Droussiotis.

(GA)
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