Energy Minister George Lakkotrypis Archives

Our View: Government has recognised oil company deals must be win win

CM: Our ViewAugust 22, 2018August 21, 2018

By CM: Our ViewAugust 22, 2018August 21, 2018026

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...

Cyprus

Signed MoU on relocation of Larnaca fuel storage facilities submitted to cabinet

Staff ReporterJune 20, 2018June 21, 2018

By Staff ReporterJune 20, 2018June 21, 20185 67

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...

Cyprus

Total confirms interest in expanding in Cyprus

Elias HazouJune 19, 2018June 19, 2018

By Elias HazouJune 19, 2018June 19, 201815 78

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...

Cyprus

Total interested in other offshore blocks

Elias HazouMay 29, 2018

By Elias HazouMay 29, 20183 62

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...

Cyprus

Lakkotrypis rules out privatisation of EAC, promises open market

Stelios OrphanidesFebruary 22, 2016November 17, 2016

By Stelios OrphanidesFebruary 22, 2016November 17, 2016039

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...

Cyprus

EAC to stay in state hands

Andria KadesJanuary 9, 2016November 17, 2016

By Andria KadesJanuary 9, 2016November 17, 201678 18

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...

Cyprus

EAC ‘unbundling’ plans proceed, Cyta unions furious over simulation (2nd update)

Elias HazouDecember 23, 2015February 9, 2016

By Elias HazouDecember 23, 2015February 9, 201636 22

By Angelos Anastasiou and Elias Hazou THE government and the state power company – but not the employee unions – on Wednesday jointly hammered out...

Cyprus

EAC won’t be privatised (Updated)

Stelios OrphanidesDecember 7, 2015February 17, 2016

By Stelios OrphanidesDecember 7, 2015February 17, 201628 21

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....

Cyprus

Minister brushes off notion of gas differences in government camp

Elias HazouOctober 27, 2015November 17, 2016

By Elias HazouOctober 27, 2015November 17, 201622 30

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...

Cyprus

Minister: no reason for EAC strike

Jean ChristouJune 24, 2015June 24, 2015

By Jean ChristouJune 24, 2015June 24, 20159 23

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...

Cyprus

Noble Energy not leaving Cyprus, minister assures

Jean ChristouFebruary 2, 2015November 17, 2016

By Jean ChristouFebruary 2, 2015November 17, 201638 34

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,...

Cyprus

ENI-KOGAS continues exploration, despite Turkish taunts

Jean ChristouOctober 23, 2014November 17, 2016

By Jean ChristouOctober 23, 2014November 17, 20165 41

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...

Cyprus

‘Pivotal that more gas is discovered in EEZ’

Jean ChristouJuly 1, 2014November 17, 2016

By Jean ChristouJuly 1, 2014November 17, 201612 36

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,...

Business

Energy, tourism, education and science on UAE agenda

FORMER STAFFApril 16, 2014November 17, 2016

By FORMER STAFFApril 16, 2014November 17, 20168 35

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...

Business

Noble plans further exploratory drilling in Block 12

Jean ChristouDecember 9, 2013November 17, 2016

By Jean ChristouDecember 9, 2013November 17, 201613 32

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...