Our View: Government has recognised oil company deals must be win win
Energy Minister Giorgos Lakkotrypis may have prematurely announced the re-negotiation of the contract for the exploitation of the Aphrodite gas finding, but Tuesday’s decision by
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Energy Minister George Lakkotrypis
Signed MoU on relocation of Larnaca fuel storage facilities submitted to cabinet
Energy Minister Giorgos Lakkotrypis said on Wednesday he had submitted a signed memorandum of understanding (MoU) to the cabinet between the government and six private
Total confirms interest in expanding in Cyprus
French oil and gas giant Total is interested in broadening its presence in Cyprus’ hydrocarbons space, president Nicos Anastasiades said on Tuesday after seeing a
Total interested in other offshore blocks
French oil and gas giant Total is interested in buying into other licensed offshore blocks in addition to block 8, MPs heard on Tuesday. Lawmakers
Lakkotrypis rules out privatisation of EAC, promises open market
Energy Minister Yiorgos Lakkotrypis said the government has no plans to privatise state-owned power producer Electricity Authority of Cyprus even as it intends to open
EAC to stay in state hands
By Andria Kades A BILL allowing the Electricity Authority of Cyprus (EAC) to remain in state hands will head to the Cabinet on Monday after
EAC ‘unbundling’ plans proceed, Cyta unions furious over simulation (2nd update)
By Angelos Anastasiou and Elias Hazou THE government and the state power company – but not the employee unions – on Wednesday jointly hammered out
EAC won’t be privatised (Updated)
By Stelios Orphanides Energy minister Yiorgos Lakkotrypis said that state-owned power producer Electricity Authority of Cyprus (EAC) must remain 100 per cent in government hands.
Minister brushes off notion of gas differences in government camp
By Elias Hazou THE Citizens’ Alliance, which continues to advocate the presale of natural gas, said on Monday it is drafting a comprehensive blueprint for
Minister: no reason for EAC strike
Energy Minister Giorgos Lakkotrypis said on Wednesday he could not understand the reason EAC unions were planning a strike and taking a series of other
Noble Energy not leaving Cyprus, minister assures
Noble Energy has never communicated to the government any intention to cease their Cyprus operations, energy minister Giorgos Lakkotrypis said on Monday. On the contrary,
ENI-KOGAS continues exploration, despite Turkish taunts
By Jean Christou ENERGY Minister Giorgos Lakkotrypis said on Wednesday there has been no problem so far in terms of Turkey’s EEZ violation interfering with
‘Pivotal that more gas is discovered in EEZ’
By Staff Reporter THE expression of intent by Israeli companies to give natural gas to Egypt does not affect Cyprus` strategic plans, and were expected,
Energy, tourism, education and science on UAE agenda
By Angelos Anastasiou CYPRUS and the United Arab Emirates (UAE) have signed a bilateral agreement for cooperation in the air travel services sector and Memoranda
Noble plans further exploratory drilling in Block 12
NOBLE Energy, operators of the Block 12 offshore licence, are planning further exploratory drilling towards the end of 2014, officials said on Monday. The Houston-based