#Energy Minister George Papanastasiou

The way things are going, consumers can expect electricity prices to go through the roof and face power cuts at the same time, Electricity Authority scientific staff union (Sepaik) leader ...

There will be “no immediate exploitation” of the ‘Pegasus’ natural gas field, Energy Minister George Papanastasiou said on Saturday. Addressing the electricity authority’s scientific staff’s trade union Sepaik, ...

Energy Minister George Papanastasiou on Thursday visited the rig which recently completed drilling a well in Block 10 of the island’s exclusive zone. In a statement, the energy ministry said ...

The discovery of a natural gas reservoir at the Pegasus-1 site offshore Cyprus is “encouraging”, the energy minister said on Tuesday, a day after the government announced that drilling had ...

The latest drilling, due to have been completed on Sunday, in Exxon Mobil’s Block 10 was successful, Energy Minister George Papanastasiou said on Sunday, adding that results would be announced ...

Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister George Papanastasiou said ...

President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified. In a written ...

Cyprus expects the project promoter of the Great Sea Interconnector in Greece to implement the project, the energy minister said on Tuesday. In statements to the Cyprus News Agency, George ...

As Cyprus recovers from the disappointment over the failure to find commercially viable natural gas at the Electra-1 target, Energy Minister George Papanastasiou has said the outcome is not as ...

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, ...

The EU should undertake a more active role in finding solutions to the challenges faced by the Great Sea Interconnector (GSI) project, Energy Minister George Papanastasiou said on Friday. The ...

Cyprus has set itself the “ambitious” target of having a third of energy consumption derive from renewable sources by the year 2030, the energy minister said on Thursday, while also announcing ...

Energy Minister George Papanastasiou has been invited to appear before the House energy committee on Tuesday to update members on energy storage, hydrogen development and the liquefied natural gas (LNG) ...

A tender process with the aim of installing two new generators at the Dhekelia power station has begun, Energy Minister George Papanastasiou said on Friday. Speaking after a meeting with ...

The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development. In his address, outgoing president George Georgiou ...

The government will next month invite tenders for the development of a new system monitoring retail fuel prices that will use artificial intelligence to track irregular market fluctuations, the energy ...

Minister of Energy George Papanastasiou said energy cohesion and cooperation among EU member states is needed to face current challenges. Speaking at the 14th Athens Energy Summit on Wednesday Papanastasiou ...

Exploration activities in three offshore blocks inside Cyprus’ exclusive economic zone (EEZ) have come to an end after the licenses expired without renewal, the government said on Tuesday. Licenses to ...

A substantial drop in the cost of electricity this year is “impossible,” Energy Minister George Papanastasiou said on Thursday, adding that people should manage their expectations. The minister made the ...

Energy Minister George Papanastasiou met with Egyptian Minister of Petroleum and Mineral Resources Karim Badawi on Friday to discuss bilateral cooperation on gas transmission projects. The primary focus of the ...

The government said Thursday that sometime over the next few weeks it will unveil a ‘strategic plan’ for attracting foreign investment to Cyprus, while also asking local businesspeople and industrialists ...

The floating storage and regasification unit (Fsru), an integral component of the LNG project, is expected to remain in Malaysia for about two to three months, Energy Minister George Papanastasiou ...

Energy Minister George Papanastasiou on Tuesday urged the House commerce committee to pass a bill which would set maximum prices for bottled water at some points of sale to a ...

Cyprus has the potential to become a significant supplier of liquefied natural gas (LNG) to the European Union, provided pre-drilling surveys are confirmed, Energy Minister George Papanastasiou said on Friday. ...