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Tender for Advisory Services for the Development of Codes and Technical Rules for Gas Transmission System Operator (TSOg) and Liquefied Natural Gas System Operator (LSO)

VACANCIES OF NATURAL GAS PUBLIC COMPANY (DEFA/CYGAS)

The Consortium consisting of ERNST & YOUNG LLP, PAMBORIDIS LLC, KESTREL ENERGY SOLUTIONS LTD and RWT ENERGY ADVISORY LIMITED assumes the role of consultant in the business plan of CYGAS.

Scope of Work

Concerning the development of the internal gas market and network, a Natural Gas Company, known by its Greek Acronyms as DEFA, has been established and is responsible for the import, storage, distribution, transmission, supply and trading of natural gas, and the management of the distribution and supply system of Natural Gas in Cyprus. The council of Ministers of the Republic of Cyprus has issued a decree dated 18/06/2008, which appoints DEFA as the sole importer and Distributor of Natural Gas in Cyprus and directs DEFA to proceed with securing the necessary Natural Gas quantities at the best commercial terms.

Mission

DEFA’s mission during the initial phases of its operation will be:
- To secure sufficient Natural Gas supplies, at the lowest possible prices, to cover the needs for Electricity Power Generation (Phase “A”) and subsequently to also supply Industries, Hotels and Households.
-To develop the necessary GAS NETWORK infrastructure. The Gas Network will initially consist of 3 pipelines connecting the Gas Import Hub with the three existing downstream Power Stations. The estimated cost for “Phase A” of this project is around €60m. Towards this cost DEFA has managed to Secure a €10m grant from EU under the European Economic Programme for Recovery.

Our People

In the Natural Gas Public Company, we consider our people the foundation of our success and the key to achieving the Business and Social Targets set by the Republic of Cyprus. Our main aim, is to maintain the anthropocentric character of the Company through the encouragement of initiative and collaborative effort, whilst giving special emphasis to attracting and retaining competent staff.