Is there a better way to bring natural gas to Cyprus?
The first two articles in this series concluded that the key question facing Cyprus is no longer whether natural gas is needed, but whether the current Vasiliko LNG import project ...
Articles
Cost of infrastructure the dominant LNG factor
For many years, the public debate has assumed that replacing oil with natural gas would automatically produce substantially lower electricity prices. That assumption was reasonable when the Vasilikos LNG import ...
The true cost of imported LNG – and what it means for electricity prices
For years, public debate in Cyprus has focused almost entirely on the international price of LNG. Every discussion about importing natural gas eventually arrives at the same question: what will ...
Can Vasiliko LNG import project still achieve its original objective?
When Cyprus approved the Vasiliko LNG import project in 2019, the rationale appeared compelling. Importing natural gas promised to reduce electricity prices, lower carbon emissions, improve security of energy supply, diversify ...
ExxonMobil’s East Med strategy enters a new phase
The Commerciality Declaration for Cyprus’ Glaucus and Pegasus gas discoveries made this week marks an important milestone – not only for the island, but also for ExxonMobil’s wider Eastern Mediterranean ...
Progress towards normality, but energy markets remain far from normal
The first round of high-level US-Iran talks in Lucerne produced cautious but meaningful progress towards restoring stability in one of the world’s most important energy regions.
Both sides described ...
Integrating energy and water planning
For decades, Cyprus has treated energy policy and water policy as largely separate issues. Energy planning focused on electricity generation, fuel imports and infrastructure development, while water planning focused on ...
What a long-term strategic energy plan should include
The question is no longer whether Cyprus needs a long-term energy plan. The question is what such a plan should include.
A successful energy strategy must provide a coherent framework ...
Why Cyprus needs a comprehensive, integrated and long-term energy plan
Recent warnings from the International Monetary Fund (IMF), concerns raised by the auditor-general and growing criticism from energy experts all point to the same conclusion: Cyprus urgently needs a comprehensive ...
East Med energy diplomacy returns to centre stage
The launch of the East Med Energy Center (Emec) in Houston this week and the revival of high-level regional energy diplomacy mark significant developments in East Med energy cooperation. The ...
Greece is poised to become energy gateway for southeast Europe and the East Med
Chevron has just filed a request to acquire a 70 per cent stake in offshore Block 10 in the Ionian Sea that is expected to be granted by Greece. The following examines ...
Energy
Kronos gas development: A viable project for companies — but will Cyprus benefit?
On 19 May Cyprus approved the Development and Production Plan of the Kronos gasfield in block 6 by the ENI-TotalEnergies consortium. This focuses on a fast-track, subsea tie-back to the existing Zohr ...
Cyprus remains among the most vulnerable to continued Hormuz closure
The US-Iran ceasefire remains in place, but President Trump’s repeated warnings keep oil prices high, over $110/b. The much-heralded Trump-Xi summit in Beijing was more of a show than ...
A case of “easier to start a war than to end one”
The developments of the past few days clearly demonstrate the adage “it is easier to start a war than to end one,” a recognised principle of military history and geopolitics. ...
Impact of war on LNG markets
The closure of the Strait of Hormuz has stopped about 20 per cent of global LNG supply from reaching markets and has sent gas prices about 50 per cent up from pre-war ...
Cyprus’ energy failures mainly down to vested interests at a political level
Energy is one of the most critical sectors in Cyprus, impacting everyday life, the economy, industry and almost everything else on the island. And yet, it is one of the ...
Cyprus EEZ in the limelight
Cyprus EEZ came back into the limelight on the occasion of EGYPES, Egypt’s annual and foremost energy conference and exhibition that took place in Cairo this week. And in ...
Energy security in southeast Europe and the East Med
Undoubtedly the war in Iran has upended the way we view energy security and its impact is global, including on southeast Europe and the East Med. That was the subject ...
Energy policy that leaves consumers paying more
In a damning finding, the report published at the end of February by the auditor general presenting the results of his audit of the Electricity Authority of Cyprus (EAC) concluded ...
Impact of Iran conflict on oil and LNG
With senior US officials estimating that a war with Iran is now expected to last weeks, not days, and Iran’s declaration of war on Israel and the US, the ...
Energy growth and security in an increasingly disordered transition
This was the theme of the International Energy Week 2026 held last week in London. IE Week is one of the most prestigious international annual conferences and it is organized by ...
Cyprus’ year of fundamental energy challenges
Just over a month into 2026, unfolding developments are already shedding light into the priorities that will shape Cyprus energy this year. These include EEZ and gasfield developments, electricity and renewables, ...
EU’s LNG exposure to the US and associated risks
Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...
All desalination should be powered by renewables
Cyprus suffered its worst drought in 2025 since 1901. The seriousness of the situation came to a head during the last two-months, propelling the government this week into a state of emergency.
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