The Cyprus Hydrocarbons Company (CHC) is the National Oil and Gas Company of Cyprus. It was established in March 2014. As a state-owned company, CHC has the mandate to act as the technical and commercial arm of the Government of Cyprus (GoC) on matters relating to exploration, production and monetization of Oil and Gas reserves from the Exclusive Economic Zone (EEZ) of Cyprus.
Optimum exploitation of hydrocarbons reserves present in the Exclusive Economic Zone of the Republic of Cyprus in order to maximize the benefits for the Cypriot Society and for future generations.
The company’s vision is compatible with the policy established by the Council of Ministers.