Our Firm is active in reducing the barriers limiting the uptake of renewable energy and energy efficient technologies and is advising on the most complicated regulatory and legal issues interlinked with the oil and gas developments in Cyprus. We promote increasing government support in energy-efficiency projects, designed to further develop and implement renewable energy installations and energy efficiency improvements.
The Firm has actively taken part in advising local and international clients in relation to a series of related matters and has been privileged in being one of the very few specialized Cypriot law firms dealing with the Energy Sector. Hadjihannas & Co LLC has the experience of providing legal services to the oil and gas industry such as the drafting of commercial transactions and advisory, dealing with matters of corporate energy such as taxation and governance as well as competition issues such as abuse of dominance and drafting and producing sharing contracts, joint operating agreements, asset sale and purchase and contracts for short and long term gas.
Very recently the law firm was involved in a major project relating to the construction of oil tankfarms and terminals. The Firm has also acted on the instruction of local industries for the preparation and execution of various agreements in relation to trading emission allowances. Our legal team is prepared and capable of following any legal challenges that might emerge in the prospecting, exploration and/or exploitation process and distribution of natural gas and oil. The established expertise of the Hadjihannas’ team has constituted the practice as the reliable choice for the legal aspect of the oil and gas industry and was privileged in representing a well established European company in putting together a major thermosolar project, worth of hundreds of million.