100 Cyprus Energy Regulatory Authority CERA gives high priority to the fast and effective penetration of natural gas on competitive terms in the market of Cyprus. CERA's obligations pertaining to the purchase of natural gas and its regulatory jurisdiction are defined in the Natural Gas Law. In the period leading up to the arrival of natural gas, CERA is working towards setting up the regulatory framework of the market, knowing that it will act as the guarantor for the operation of the market and the protection of the consumers during the derogation period, as well as the smooth transition to a healthy open market. In this context, by Decision 73/2021, dated 26 February 2021, CERA issued the Guidelines on conducting an estimate of natural gas demand in the natural gas transmission system by the Natural Gas Transmission System Operator and the Conclusion of Interconnection Agreements. In addition, by Decision 74/2021, dated 26 February 2021, CERA issued the Guidelines on preparing the natural gas transmission system development plan, which is prepared by the Transmission System Operator and concerns the coming ten (10) years. Applications submitted to CERA Application of Hoegh LNG Ltd for a license for the construction, ownership and exploitation of a LNG facility On 31 March 2020, Hoegh LNG Ltd submitted an application to CERA for a license for the construction, ownership and exploitation of a LNG facility. CERA evaluated the application as to its completeness under Regulation 4 of the Licensing Regulations and requested from the applicant to submit additional information in order to complete the application. Following the extensions that were requested by the applicant which have been granted by CERA, the deadline for the submission of the supplementary information has been set for 30th June 2022. Application by DEFA Ltd for the granting of a License for the construction, ownership, exploitation and operation of a natural gas transmission system After evaluating the application by DEFA Ltd for a License for the construction, ownership, exploitation and operation of a natural gas transmission system, CERA issued Decision no. 55/2021 dated 23 February 2021, which grants the License to the applicant. Application by DEFA Ltd for the granting of an LNG Facility Operation License After evaluating the application by DEFA Ltd for an LNG Facility Operation License, CERA issued Decision no. 288/2021 of 14 September 2021, which grants the License to the applicant. Amendment to the terms of the Natural Gas Transmission System Operator License With Decision no. 384/2021 dated 21 December 2021, CERA decided to amend the terms of the Natural Gas Transmission System Operator License to fall in line with the Council of Ministers Decision (Decision No. 91,503) which was taken at the Session held on 7 July 2021 and to add the term concerning the requirement for proving metering data to the LNG Installation Operator (DEYFA).
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