Search

1. Minister stands against early fees for Great Sea Interconnector

Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....

2. Larnaca port echoes Vasilikos unrest

The ambitious redevelopment of Larnaca's port, a cornerstone of the city's growth, has hit a rough patch....

3. Seal of approval: Limassol's adorable mascot captivates hearts (video)

The story of Mr. Poseidon, as the seal is affectionately known, highlights a crucial aspect: the intricate relationship between the coastal economy and the marine ecosystem....

4. Cyprus aims for Vasilikos LNG terminal completion by 2024

Cyprus aims to complete construction of the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024, according to Energy Minister George Papanastasiou on Monday....

5. Vasilikos: Fragile peace amidst delays and disputes

According to a report by Kathimerini's Apostolos Tomaras, Energy Minister George Papanastasiou's recent meeting with a top executive of China Petroleum Pipeline Engineering Co. Ltd., the parent company overseeing the Vasilikos energy projects,...

6. Vasilikos LNG project defenders hit back amid accusations

In response to mounting skepticism, the CMC Administration issued a resolute defense of the CPP-METRON Consortium Ltd's ability to undertake the Vasilikos LNG Receiving and Regasification Terminal project. ...

7. Vasiliko energy project now under EU scrutiny

The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....

8. Vasilikos scandal unveiled: €250,000 spent, recommendations ignored

The decision made by the Nicos Anastasiades government in 2016 to shift away from failed attempts to introduce F.P. by constructing a terminal at Vasilikos initially offered hope for resolving an 11-year dilemma....

9. Cyprus energy project stalemate continues amid diplomatic efforts

The month-long stalemate in the Republic of Cyprus' largest energy project remains unchanged, with Nicosia striving to avoid terminating the contract with the project consortium. Despite inactive communication channels, the government seeks to rekindle relations through the Chinese embassy in Nicosia....

10. Crisis looms over vital energy project in Cyprus

In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....

11. Tension peaks in Cyprus natural gas development

The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......

12. Cyprus consortium's March deadline for 'Aphrodite' gas field revamp

The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....

13. A 3-year wait and a 2024 deadline loom for gas transport

Three years after the groundbreaking for the liquefied natural gas terminal, a project worth $289 million in euros has been initiated....

14. Construction of petrol storage terminal must be a priority, says Energy Minister

The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...

15. Cyprus converts ship to boost natural gas integration

Good news has emerged regarding the development of the LNG Terminal in Cyprus and the introduction of Natural Gas to the region. The conversion of the ETYFA ship Prometheus into a floating LNG regasification and storage unit (FSRU) is now finished....

16. In search of an energy strategy

After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...

17. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

18. Work begins on jetty for mooring FSRU in Cyprus

Work for the construction of a jetty, as part of the LNG Receiving and Regasification Terminal in the Vasilikos area in Cyprus, has recently begun...

19. Cyprus gas discoveries boosted by EU’s shift from Russia supplies

The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....

20. 'EuroAsia Interconnector will help free EU from energy dependence'

Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....

21. Nicosia in waiting game for LNG supply and distribution

In her speech in Davos on Tuesday in front of an audience of businessmen and political leaders, EC President Ursula von der Leyen appeared to put Cyprus on center stage for the supply of liquefied natural gas (LNG) for the European Union, announcing that "soon" LNG terminals will operate in Greece, Cyprus and Poland....

22. Cyprus now an important player in LNG arena

The EU produces LNG from naphthalene in Cyprus An important step is the support from the Commission that is expected to shuffle the energy deck of the Eastern Mediterranean...

23. Cyprus jails captain for docking in the north

The captain of a Ukraine-bound oil tanker was sentenced to prison on Tuesday in the Republic of Cyprus, two days after he was arrested in the south for docking his ship in the north last year...

24. Power outage refuels reform debate

A technical failure in the Vasilikos power plant was quickly restored Thursday morning, after rendering areas all over the Republic of Cyprus without electricity at a time when unions are up in arms over reforms in the industry...

25. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

26. Excellent relations with Russia, China will not be disrupted, Cyprus President says

The excellent relations Cyprus has with Russia and China will not be disrupted, President Nicos Anastasiades said on Thursday, commenting on a US decision to include Cyprus in its military education and training program....

27. LNG terminal project marks new era for Cyprus

The infrastructure for the introduction of liquefied natural gas for electricity generation places Cyprus on track for a new energy era, opening new strong prospects for the island’s economy, President of the Republic Nicos Anastasiades said on Thursday...

28. Energy company proposes installation of an FRSU in Cyprus

Oslo-based company Hoegh LNG confirmed Friday it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus and has sent letters to top government officials outlining its benefits....

29. East Med Gas Forum to turn into an international organisation

30. Cyprus announces €500 million tender for LNG terminal