UCY deal on sustainable energy reached as part of Qatar visit
TEXAS A&M University in Qatar has signed an agreement with the Research Centre for Sustainable Energy (FOSS) at the University of Cyprus. The agreement forms
Energy
Cyprus hopes to lift capital controls in the coming months
By Angelos Anastasiou PRESIDENT Nicos Anastasiades said the government hopes to lift capital controls, imposed after the March 2013 bailout, within the coming months. Anastasiades
Making homes energy efficient could boost economy
By Constantinos Psillides MAKING homes energy efficient could boost the economy by up to €2 billion and create 30,000 new jobs, the Technical Chamber (ETEK)
Tenders invited for domestic gas supply
By Elias Hazou The Natural Gas Public Company (DEFA) has invited tenders for the supply of natural gas for a period of up to 10
Gas company to invite tenders for import
THE Natural Gas Public Company will be inviting expressions of interest for the import of natural gas for power generation purposes. The so-called ‘interim gas’
Lakkoytrypis in Netherlands gas talks
Energy Minister Giorgos Lakkytrypris was in The Hague on Tuesday to discuss the natural gas discoveries in Cyprus’ Exclusive Economic Zone and issues relating to
Cyprus: a story of David and Goliath
By Stefanos Evripidou PRESIDENT NICOS Anastasiades yesterday borrowed from the Beatles, Shakespeare, Oscar Wilde, Winston Churchill and even the Bible to argue his point to
DEFA opts for second tender
The board of the Cyprus’ Natural Gas Public Company (DEFA) yesterday approved a second tender for the short-term supply of natural gas in Cyprus. According
Intense work to complete second tender for gas imports
THE Natural Gas Public Company (DEFA) is working round the clock to complete the dossier for a second tender for natural gas imports, its chairperson
Electricity prices have gone down 17.5 per cent, CERA boss says
By Peter Stevenson LAST year saw a significant reduction in the price of electricity according to Cyprus Energy Regulatory Authority (CERA) chief George Shammas with
‘Noble exploring floating LNG option’
By Elias Hazou NOBLE Energy, aware that discovered reserves in Block 12 are insufficient for an onshore liquefied natural (LNG) plant, has reportedly proposed other
Petroleum sales down
THE total sales of petroleum products in November 2013 decreased by 18.6 per cent compared to the previous month. Figures released by the Statistical Service showed
‘Emergency meeting’ called on interim gas
By Elias Hazou AN ‘emergency’ meeting was convened in Nicosia on Tuesday to discuss the roll-out of a planned second tender for interim gas supplies.
Interim gas supply tender delayed
By Elias Hazou The Natural Gas Public Company (DEFA) has delayed announcing a new tender for interim gas supplies to be used for domestic electricity
Greece seals natural gas privatisation deal with Azeri company
Greece agreed on Saturday to sell the operator of its natural gas grid operator to Azerbaijan’s state energy company, in a 400-million-euro deal that drives
Cyprus could raise €80m from carbon credits
By Elias Hazou Over the course of the next seven years (2014 to 2020), Cyprus may raise some €80m from the auctioning off of carbon
Gas plans have precedence over oil for Noble
By Elias Hazou NOBLE Energy sought yesterday to manage expectations on news that its Block 12 concession might hold up to 1.5 billion barrels of
Block 12 could hit oil jackpot
By Elias Hazou TIME will tell, but debt-ridden Cyprus may have hit the jackpot after Noble Energy announced yesterday that some 1.5 billion barrels of
Noble reports 3bln barrel oil potential between Cyprus and Israel
Some 3 billion barrels of oil may lie in deepwater strata between Cypriot and Israeli offshore fields, US-based Noble Energy disclosed on Monday. “Significant exploration
‘Shipping sector will benefit from gas industry’
By Angelos Anastasiou NATURAL gas reserves the Exclusive Economic Zone (EEZ) and the prospect of the island evolving into a regional energy centre with an