CHC is the National Oil and Gas Company of Cyprus. As a state-owned company, CHC undertakes the commercial management of the ownership rights of the Republic of Cyprus that arise from the contracts with which it has entered into with oil and gas companies within its Exclusive Economic Zone.

The vision of CHC is aligned with that of the Government of Cyprus, which is to ensure the sustainable development of hydrocarbon resources present in the Exclusive Economic Zone of the Republic of Cyprus, in order to maximize the benefits for Cypriot society and future generations.