NICOSIA, Dec. 21 (Xinhua) -- Cyprus chose energy companies among several bidders for hydrocarbons exploration licensing, Energy Minister Giorgos Lakkotrypis said on Wednesday.
He said Exxon-Mobil, Qatar Petroleum, Italy's Eni, and France's Total will be invited to enter negotiations before obtaining concessions for exploratory drilling and exploiting possible natural gas or oil finds in Cyprus' exclusive economic zone.
Lakkotrypis said Exxon Mobil and Qatar Petroleum will be negotiating for block 10, Eni and Total for exploration block 6.
Separate talks will be held with ENI for block 8.
The companies had submitted bids as part of Cyprus's third oil and gas licensing round that was announced earlier this year, six months after Egypt made public a 30 trillion cubic feet gas find in Zohr, an offshore field administered by ENI.
This find reinvigorated interest in the Eastern Mediterranean as the drilling was done in carbonate layers, whereas previous successful drilling was done in lime layers.
Carbonate layers extend from the Egyptian Zohr field into the Cypriot exclusive economic zone fields.
Eni, in association with South Korea's KoGas, already have permits for blocks 2, 3 and 9. Total has the license for block 11 and had relinquished the rights for block 10 last year. ExxonMobil and Qatar are newcomers to Cyprus's energy scene.
Lakkotrypis and Finance Minister Harris Georgiades have been appointed by the Cypriot Cabinet of Ministers to head the negotiating team with the energy companies.
"We would like to conclude the negotiations by the end of January or early February," Lakkotrypis said.
Each contract will have a duration of seven years split in three periods, three years for the first, and two years for the second and third, which will be subject to negotiation, he said.
One of the largest industries in India is the food processing industry that possess the huge potential to uplift the agricultural economy. The food processing and manufacturing units have created a lot of employment and earnings as well due to its evolution in the past two decades. There have been the globalization and new products are also being imported in India. The evolution in the food industry has resulted in new products development or preparation process development Rasmus Ristolainen Womens Jersey , technological advances to create better products for the food market.
But to ensure complete safety and security several permits are required before starting a food business, especially when the product is new in the Indian food market. This necessity for proper regulation of the manufacture, imports Robin Lehner Womens Jersey , export, sale or storage of such products made India Government consolidate Food Safety and Standards Act, 2006 with a provision for Product Approval Zemgus Girgensons Womens Jersey , now called the Non-specified Food Approval. This act established the Food Safety and Standard Authority of India (FSSAI) that made it mandatory to get the new productsingredients approval before its manufacture or trade in the Indian Market.
Product approval is a wide-ranging validation according to the Indian rules for trading any product in the Indian marketand is responsible for governing and directing the approval process by maintaining complete vigilance on each and every such product.
Once a food product is approved by FSSAI means it gets the permission for manufacture or export or import and the food article or the food ingredients and are marked safe for human consumption. In simple words, we can say that a food business operator does not have permission to manufacture, market Sam Reinhart Womens Jersey , retail, store, import Johan Larsson Womens Jersey , store or distribute any new food ingredients or productswithout approval from FSSAI. For getting approval it has to prove that the product is completely safe and will not cause any kind of harm after consumption. Product approval FSSAI is mandatory for every food manufacturer, importers, exporters Kyle Okposo Womens Jersey , and brand owners of new, non-native and innovative products for the Indian market.
Category of food products as set by food regulatory compliance:
鈥?Standardized products: This includes products for which standards have been
set and there is no need to get product approval.
鈥?Non-standardized product:
products with undefined safety parameters, or those not meeting the standards as
defined by FSSAI.
Proprietary products: Products prepared by mixing standardized ingredients
Until now FSSAI has already standardized 380 food articles in total 16 categories. Those food particles that don't fall in this category requires product approval. These are mainly Novel ingredients including those prepared by using novel technology Jake McCabe Womens Jersey , non-native products to India and those prepared by innovation or using innovative technology. The approval is given by FSSAI under the supervision of several regulations that have been embedded. From the perspective of consumption, India market is very big under the control of the single commanding body in New Delhi with the slogan 鈥淥ne Nation, One Food Law鈥? For proper implementation of the approval regulation Jason Pominville Womens Jersey , it has created a checklist for ensuring efficiency and transparency in the approval process filing. Also a total of 68 food testing laboratories have been accredited by FSSAI that has been established under FSSA, 2011 regulations whose test reports are accepted for the said purpose.
The product approval procedure.
Product or ingredient approval FSSAI is a type of investment that you make if you are thinking of bringing or manufacturing a non-native or innovative product in India. Here is the checklist for the process:
鈥?Register your business
鈥?Get your food business operator
license
鈥?Get your test reports done for all the products from a responsible
state or central NABL accredited laboratory.
鈥?Do your product鈥檚 proposed
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