#cyprus energy

Egypt desperately needs a major gas discovery to shore up its declining production The submission of the updated development plan for the Aphrodite gasfield by Chevron at the beginning of ...

The government has asked Greece’s Independent Power Transmission Operator (Admie) to carry out a cost-benefit analysis that would then allow Cyprus to decide definitively on whether to invest directly ...

Be warned: Cyprus motorists could be hit with hikes of 25 cents/litre by the end of the year By Charles Ellinas With Cyprus finance minister announcing that he will not ...

Cyprus aims to conclude construction works for the Liquified Natural Gas (LNG) terminal in Vasiliko by the end of 2024 as this would assist the efforts to reduce electricity generation costs ...

The impact on households and businesses in sectors such as tourism, industry and agriculture of green taxation and the need to grant compensatory measures will be the focus of a ...

Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years ...

Applications for ‘Photovoaltics for All’ opened on Friday, making grant schemes for solar panel installations available to those who meet the requirements. President Nikos Christodoulides said within the first few ...

Turkish energy company Aksa made $1 billion (€924 million) in profit in Cyprus since 2000, Cyprus Turkish Chamber of Mechanical Engineers chairman Ayer Yarkiner claimed on Friday. Yarkiner at a joint press conference ...

Nothing exemplifies the amateurishness and superficiality of our state services as well as the country’s energy policies of the last 15 years. Policies – if you could describe the catalogue of ...

There are “no plans” to close the Dhekelia power station, electricity authority (EAC) chairman Giorgos Petrou said on Thursday. He was speaking during a visit to the power station, and ...

The Electricity Authority of Cyprus (EAC) has decided not to pursue its request for a 25 per cent hike in their tariff, following a meeting with Energy Minister George Papanastasiou. Reports ...

Electricity costs have been getting higher and higher, and it’s becoming a major issue. To tackle this, the government has been introducing all sorts of incentives to encourage investment ...

The ‘TRNC’ has a right to 462,000 square kilometres of Cyprus’ exclusive economic zone (EEZ) including continental shelf, territorial waters and maritime areas of jurisdiction, Turkish Cypriot leader Ersin Tatar has ...

The plan to switch to gas-fired power generation seems subject to even more delays with consequent EU fines I was in the middle of writing this article when the Auditor ...

EU Finance Ministers, including Cypriot minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and ...

Global energy will continue to be driven by security concerns in 2024, ahead of climate goals, as wars, conflicts and threats to supplies continue. Renewable energy systems (RES) will carry on ...

Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the remarks during the ...

The Israel-Hamas war is a crisis but, in terms of energy, what happens is dependent on the extent and duration of the fighting. The concern is that the main combatants ...

Navigating the complex interplay of geopolitics and geoeconomics By Panayiotis Tilliros The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and ...

The saga of the Aphrodite gas field continues, although according to the latest information from Energy Minister Giorgos Papanastasiou, there is a possibility it would reach its conclusion, in some ...

A Special Purpose Vehicle (SPV) subsidiary, which will facilitate the possible entry of the Republic of Cyprus and other potential investors in the EuroAsia Interconnector project, is to be established ...

Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks By Dr Charles Ellinas and ...

Cyprus will respond to a request from Chevron to extend a deliberation period for the ‘Aphrodite’ gas field in the exclusive economic zone (EEZ) within the day, Energy Minister George ...

Cyprus is considering the possibility of granting a new extension for negotiations with Chevron and is determined to exhaust every opportunity for negotiations until the very last moment, the Cyprus ...