Cyprus patients face long waits for new medicines, officials warn
Patients in Cyprus wait on average more than 500 days to access new medicines, one of the longest delays in Europe, as officials warn the EU is falling behind global competitors ...
EAC trade unions ‘disappointed’ over energy minister meeting
Trade unions said they were disappointed from Tuesday’s meeting with Energy Minister Michael Damianos, who pointed out that problems in the energy sector could not be solved overnight.
Peo ...
Damianos warns of price cap as fuel subsidy concerns intensify
Energy Minister Michalis Damianos said on Tuesday that stricter measures including a potential price cap could be imposed if profiteering is identified in the fuel market.
Speaking on Sigma TV, ...
Energy minister vows progress on gas plans
Energy Minister Michalis Damianos outlined his ministry’s 2025 achievements and priorities for 2026, while acknowledging ongoing uncertainty surrounding the delayed Vasiliko natural gas project.
Speaking at a press conference on Friday, ...
Pegasus’ gas find declared commercially viable, minister says
Energy Minister Michalis Damianos on Friday confirmed the commercial viability of the ‘Pegasus’ deposit in block 10, a newly discovered offshore gas field.
Speaking at a press conference, Damianos said a ...
EAC unions threaten further strike action
Workers at the Electricity Authority (EAC) on Tuesday threatened escalating strike action, demanding that independent authorities investigate a series of suspicious activities that they say point to an undermining of ...
Damianos calls for stronger energy union at Brussels summit
Energy Minister Michael Damianos emphasised Cyprus’ readiness to work towards a more substantial EU energy union on Monday, during a meeting with his counterparts on the EU council of energy ...
Cyprus backs expansion of EU trade agreements
Energy Minister George Papanastasiou took part in the EU Foreign Affairs Council in Trade configuration held in Brussels on Monday.
In an intervention during the deliberations, Papanastasiou expressed Cyprus’ support ...
Govt wants ‘hydrogen production ecosystem’ by end of 2027
The government aims for Cyprus to have a “hydrogen production business ecosystem” by the end of 2027 to bolster the island’s energy production, Energy Minister George Papanastasiou said on Friday.
...
Our View: Will electricity market liberalisation lower prices?
The Cyprus electricity market will open to independent producers in mid-September and from October 1, the trading in electricity will commence. The opening up of the market, which was meant have ...
Energy minister to attend Med9 summit in Slovenia
Energy Minister George Papanastasiou will attend this week’s meeting of energy ministers from the European Union’s ‘Med9’ states, which is set to take place in the town of ...
Minister unsure whether privatisation will make energy bills cheaper
Energy Minister George Papanastasiou on Friday said he is unsure whether the opening of Cyprus’ electricity grid to private companies will lower people’s electricity bills.
Speaking to the Cyprus ...
Parliament approves bill for energy storage
On Thursday, the House of representatives unanimously passed a bill that reforms the regulation of the electricity sector, paving the way for cheaper and cleaner energy.
In a written statement, ...
Cyprus satisfied with Greek response on power link
Energy Minister George Papanastasiou said on Thursday he was satisfied with the Greek side’s response to a series of questions posed by the Cypriot side about the functioning of ...
Gas drilling to begin mid-January
ExxonMobil’s drilling rig will start drilling in mid-January at the ‘Electra’ target, located in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ), for approximately one month, Energy Minister George Papanastasiou ...
Energy minister headed to Brussels for EU Council meetings
Energy Minister George Papanastasiou was departing for Brussels on Sunday to attend the EU Council of Energy Ministers slated for Monday.
On the sidelines of the Council, Papanastasiou will also ...
LNG unit departing from Shanghai ‘imminently’
The floating storage and regasification unit (FSRU) Prometheus is expected to depart from Shanghai in a matter of hours, Energy Minister George Papanastasiou said on Friday.
The FSRU will form ...
Interconnector holds ‘serious risks’, Oev energy associations warn
The way the Great Sea Interconnector is being promoted “bears serious risks and many problems,” associations affiliated with the Cyprus Employers & Industrialists Federation (Oev) related to energy matters have ...
Cyprus’ decision still pending over Great Sea Interconnector
Cyprus’ final decision over whether to stump up the required €100 million to partake in the Great Sea Interconnector is still pending, Energy Minister George Papanastasiou said on Tuesday.
The government ...
Great Sea Interconnector ‘top priority’
Cyprus’ and Israel’s Energy Ministers George Papanastasiou and Eli Kohen agreed on Wednesday to continue promoting joint energy projects, with the Great Sea Interconnector touted as a top priority ...
Energy minister promises support for consumers
Energy Minister George Papanastasiou invoked the name of late United States President John F Kennedy in a speech to mark World Consumer Rights Day on Friday.
He said, “as is ...
Meeting on LNG expected by end of this week
This week could prove critical for the development of the liquefied natural gas (LNG) terminal project at Vasiliko as Energy Minister George Papanastasiou prepares to meet with officials from CPP-Metron ...
Talks over LNG spat have ‘gotten nowhere’
Efforts are still ongoing to resolve the liquified natural gas (LNG) terminal dispute, Energy Minister George Papanastasiou said on Wednesday, stressing the government has not ruled out walking out of ...
Invoices ‘weaponised’ in ongoing LNG dispute
A Mexican standoff: that probably best describes the ongoing escalating dispute between the government and the Chinese-led consortium with the contract the build the liquefied natural gas (LNG) terminal. And ...