Cyprus needs to spend the next for years preparing itself for the impending Oil and Gas Boom by investing in Oil and Gas education so that in the next for years some young Cypriots can graduate from Petroleum Engineering degrees and such like.
Cyprus will need to build a foundation of skilled individuals so that the country can better capitalize and exploit this rich resource and become an 'energy center'.
An interesting article: http://cyprustoday.net/news/index.php/c ... gy-center/