https://knews.kathimerini.com.cy/en/comment/opinion/the-president-faces-a-tough-decision-today
The ambiguity surrounding Cyprus's electrical interconnection with Europe is coming to an end. Cyprus must now decide who to align with and who to distance itself from....
https://knews.kathimerini.com.cy/en/news/cyprus-crete-electricity-link-should-cut-costs-by-20-25
The Cyprus-Crete electricity interconnection project could reduce electricity costs by 20-25%, according to Cyprus Energy Minister George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/energy-minister-and-finance-minister-clash-over-cyprus-energy-future
The Republic of Cyprus is at a critical juncture in its energy sector as multiple projects face delays and uncertainty, raising concerns about the country's future energy security and international relations....
https://knews.kathimerini.com.cy/en/news/aphrodite-field-consortium-updates-plan-amid-cypriot-energy-dispute
Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....
https://knews.kathimerini.com.cy/en/news/emergency-meeting-to-address-progress-on-lng-and-gsi-projects
The Cyprus Parliamentary Energy Committee will hold an emergency meeting on Wednesday morning to review updates on two key projects......
https://knews.kathimerini.com.cy/en/news/tender-for-vassiliko-lng-terminal-project-manager-expected-today
Natural Gas Infrastructure Company (ETYFA) Board of Directors meets at 10 am local time on Tuesday to discuss issue of the liquefied natural gas (LNG) terminal in Vassiliko.
...
https://knews.kathimerini.com.cy/en/news/suez-canal-blockage-and-south-china-sea-clashes-threaten-global-trade
Although the pandemic-induced disruptions in global supply chains have eased and water flow in the Panama Canal has improved, new threats to international trade have emerged....
https://knews.kathimerini.com.cy/en/news/government-explains-defa-chairman-s-cv-disclosure-after-backlash
The Cyprus Presidential Palace defended its decision to release the CV of the new Chairman of the Public Natural Gas Corporation (DEFA), George Assiikalis, in response to criticism surrounding the move.
...
https://knews.kathimerini.com.cy/en/news/ukraine-linked-to-nord-stream-blast-despite-zelensky-s-objection
Ukraine was reportedly behind the destruction of the Nord Stream pipeline, according to a recent report by The Wall Street Journal. The September 2022 explosion severely disrupted Russia's natural gas exports and caused significant turmoil in global energy markets....
https://knews.kathimerini.com.cy/en/news/german-prosecutors-issue-arrest-warrant-in-nord-stream-pipeline-sabotage
German prosecutors have issued their first arrest warrant in connection with the 2022 undersea explosions that damaged the Nord Stream gas pipelines, which run between Russia and Germany....
https://knews.kathimerini.com.cy/en/business/eu-demands-cyprus-return-€101m-in-energy-project-funds
The Republic of Cyprus is preparing to respond to the European Commission by the first week of September regarding a demand to return €101 million in funding that was allocated for the Vasilikos energy terminal, Energy, Trade, and Industry Minister George Papanastasiou said Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-vasilikos-gas-terminal-project-fails-after-20-years
Cyprus has faced a protracted and troubled effort to introduce natural gas to its internal market for electricity generation over the past two decades. ...
https://knews.kathimerini.com.cy/en/comment/opinion/corruption-at-the-heart-of-the-cyprus-problem
Is there any doubt that corruption is a major reason why the Cyprus problem remains unresolved? A recent example is the Vasiliko case, the construction project of the ''Liquefied Natural Gas Storage and Regasification Terminal'' in Vasiliko....
https://knews.kathimerini.com.cy/en/business/vasilikos-cyprus-political-figures-and-public-officials-to-be-summoned
The European Public Prosecutor's Office has launched an investigation into the construction contract of the Natural Gas Terminal (NGA) in Vasilikos, Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-relaunches-lng-terminal-tender-after-€0-5b-contract-termination
Cyprus will soon launch tenders for the completion of the Liquefied Natural Gas Terminal for electricity generation, despite the termination of a €0.5 billion......
https://knews.kathimerini.com.cy/en/news/eu-probes-vasilikos-terminal-over-misuse-of-funds
The European Public Prosecutor’s Office (EPPO) has launched an investigation into the liquefied natural gas (LNG) import terminal project in Cyprus, citing suspicions of public procurement fraud, misuse of EU funds, and corruption. ...
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.
...
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/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-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/cyprus-joins-european-effort-to-combat-desertification-in-rural-areas
Cyprus participates in a new project aimed at combating desertification in rural areas of Southern Europe and Northern Africa, the Cyprus Institute said in an announcement on Thursday....
https://knews.kathimerini.com.cy/en/news/how-russian-lng-still-powers-europe-despite-sanctions
The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....
https://knews.kathimerini.com.cy/en/news/global-giants-eye-battery-storage-project-in-cyprus
Major global companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Minister of Energy, Trade, and Industry George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/vasiliko-president-dismisses-velvet-divorce-talks-with-chinese-firm
Cyprus President Nikos Christodoulides dismissed reports of a "velvet divorce" with the Chinese state-owned company CPP regarding the liquefied natural gas (LNG) terminal in Vasiliko....
https://knews.kathimerini.com.cy/en/business/new-911-carrera-gts-t-hybrid-power-and-striking-design
911 Carrera GTS: Innovative, lightweight T-Hybrid with a newly developed 3.6-litre six-cylinder boxer engine, electric turbocharger and electric motor....
https://knews.kathimerini.com.cy/en/news/amalthea-initiative-brings-cyprus-and-qatar-closer
His Highness the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, commenced his visit to Cyprus with a cordial reception by President Nikos Christodoulides of the Republic of Cyprus upon arrival at Larnaca Airport....