#Energy Minister

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 ...

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 ...

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 ...

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 ...

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. ...

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 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 ...

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 ...

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, ...

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 ...

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 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 ...

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 ...

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’ 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 ...

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 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 ...

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 ...

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 ...

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 ...

The Council of Ministers on Thursday approved an increase in the subsidy amount for the installation of photovoltaic systems in residences of vulnerable electricity consumers. The adjustment raises the subsidy ...

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 ...

The government has rejected the latest proposal on developing the Aphrodite gas play as it tilts the scales in favour of the companies holding the concession while at the same ...

Minister of Energy George Papanastasiou on Thursday is headed to London for a two-day meeting on energy and investments. According to the ministry announcement, Papanastasiou is set to meet with ...