He is a Mechanical Engineer by profession. He holds a degree in Mechanical Engineering from the Cyprus Higher Technology Institute, a BSc Mechanical Engineering from City University London and an MSc in Refrigeration & Air Conditioning from Kings College London. He worked for 26 years at BP from various senior management positions in the UK, in other European countries and in Cyprus, where he held the position of Country Head. During his career, he gained a wide range of experience in the energy industry (Oil &Gas), specifically in the Procurement and Supply Chain sectors (Supply & Logistics), Health, Safety & Environment, Technical Processes, Management, Sales & Marketing, Corporate Governance and Compliance. Giorgos Papanastasiou was appointed General Manager and Managing Director of VTT Vasiliko Ltd (VTTV), a subsidiary of the multinational VTTI B.V. based in the Netherlands, on 1 October 2011, where he led a flexible team of professionals for the construction of a terminal for energy storage and energy product management, which is currently operating in Vasiliko. He is Chairman of the Board of Directors of the Cyprus Organisation for Standardisation (CYS) and of the Cyprus Certification Society (CYCert), Chairman of the Cyprus-Dutch Business Association of the Cyprus Chamber Of Commerce and Industry (CCCI) and Member of the Board of Directors of the Cyprus Employers and Industrialists Federation (OEB). He is married to Glykeria Michaelidou, they have a son, Ignatios and live in Lefkosia.