https://knews.kathimerini.com.cy/en/news/eu-prosecutor-probes-vasilikos-lng-project-for-fraud
The European Public Prosecutor's Office (EPPO) has launched an investigation into the Vasilikos liquefied natural gas (LNG) import terminal project in Cyprus, amid suspicions of public procurement fraud, misappropriation of EU funds, and corruption.
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https://knews.kathimerini.com.cy/en/news/high-electricity-costs-in-cyprus-due-to-lack-of-renewables
As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....
https://knews.kathimerini.com.cy/en/news/eu-reviews-impact-of-chinese-exit-from-vasilikos-lng-terminal
The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....
https://knews.kathimerini.com.cy/en/business/vasilikos-lng-terminal-to-proceed-despite-challenges-says-president
The liquefied natural gas terminal project in Vasilikos will be implemented, Cyprus President, Nikos Christodoulides, said on Monday, noting that the project should never have been assigned to the Chinese CPP-METRON Consortium Ltd....
https://knews.kathimerini.com.cy/en/news/etyfa-receives-unfinished-vasilikos-terminal-plans-to-complete-by-2025
The government is on a countdown following the termination of the contract for the construction of Terminal F.P. at Vasilikos by the CPP-METRON CONSORTIUM LTD....
https://knews.kathimerini.com.cy/en/news/turmoil-at-vasilikos-as-chinese-consortium-pulls-out-terminal-project-in-limbo
The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...
https://knews.kathimerini.com.cy/en/news/etyfa-criticizes-consortium-for-failing-vasilikos-project
The Natural Gas Infrastructure Company of Cyprus (ETYFA) expressed deep frustration and disappointment on Friday, confirming that the consortium contracted for the Vasilikos project is not only unwilling but also unable to complete the work....
https://knews.kathimerini.com.cy/en/news/legal-challenges-mount-over-vasilikos-terminal-abandonment
Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-hit-as-chinese-consortium-exits-energy-project
Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....
https://knews.kathimerini.com.cy/en/business/chinese-consortium-exits-vasilikos-lng-project
The Chinese CPP-METRON Consortium Ltd (CMC Ltd) is set to exit the unfinished photovoltaic (PV) terminal project in Vasilikos, according to Cyprus' Energy Minister George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-crucial-decision-as-lng-terminal-contract-nears-end
Energy Minister George Papanastasiou announced on Tuesday that the contract between the Natural Gas Infrastructure Company (ETYFA) and the CPP-METRON Consortium Ltd (CMC Ltd) for the Vasilikos liquefied natural gas (LNG) terminal construction is approaching its conclusion....
https://knews.kathimerini.com.cy/en/news/government-halts-heavy-industry-in-vasilikos
The Cypriot government has granted a long-standing request from the Vasilikos area's coordinating committee, prohibiting further heavy industry licensing in the region....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-reforms-are-a-comedy-of-errors-in-governance
Following last Sunday's vote, the much-publicized local government reform will take effect on July 1. This, like many other reforms, has been carried out in typical Cypriot fashion. ...
https://knews.kathimerini.com.cy/en/news/government-seeks-new-investor-for-larnaca-port
After prolonged negotiations, the government has reached a resolution with the consortium tasked with revamping the port and marina of Larnaca......
https://knews.kathimerini.com.cy/en/news/disy-and-akel-neck-and-neck-as-third-place-up-for-grabs
With just two weeks remaining until the elections, a Kathimerini poll reveals a crucially divided electoral landscape in Cyprus, marked by high rates of voter abstention and competitive races for the top political positions....
https://knews.kathimerini.com.cy/en/news/vasilikos-chinese-consortium-demanding-an-additional-200-million
The meeting between Cypriot President Nicos Christodoulides and the Chinese Ambassador in Nicosia has dimmed hopes for the completion of the Vasilikos terminal project, according to a report by Apostolos Tomaras in this Sunday's print edition of Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/pollution-problems-plague-cyprus-ports
Ports are under scrutiny for violations including changing ballast water without proper consent, leading to significant air pollution and discharge of solid waste. ...
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/larnaca-port-echoes-vasilikos-unrest
The ambitious redevelopment of Larnaca's port, a cornerstone of the city's growth, has hit a rough patch....
https://knews.kathimerini.com.cy/en/news/seal-of-approval-limassol-s-adorable-mascot-captivates-hearts
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....
https://knews.kathimerini.com.cy/en/business/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....
https://knews.kathimerini.com.cy/en/news/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,...
https://knews.kathimerini.com.cy/en/news/vassilikos-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. ...
https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny
The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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....
https://knews.kathimerini.com.cy/en/news/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......
https://knews.kathimerini.com.cy/en/news/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....
