#Energy Minister George Papanastasiou

The inauguration of two new solar parks is set to enhance the Electricity Authority of Cyprus (EAC)’s electricity production, marking a significant step toward green energy development. The Achera ...

All necessary measures to ensure the safety of Vasiliko energy centre are being promoted, Energy Minister George Papanastasiou said on Tuesday. Addressing an event to mark the 10th anniversary of ...

Energy Minister George Papanastasiou on Friday expressed his hope that American multinational oil and gas corporation ExxonMobil’s decision to begin drilling for natural gas in block 5 of Cyprus’ Exclusive ...

ExxonMobil will drill a well offshore Cyprus in January in its pursuit of natural gas, a senior executive said on Thursday at an energy and geopolitics event in Nicosia. “We’...

Cyprus will begin accepting applications from commercial producers to construct energy storage facilities on the island in January, Energy Minister George Papanastasiou said on Friday. Addressing the Energy symposium in ...

American multinational oil and gas corporation ExxonMobil will next year begin drilling for natural gas under the sea off the coast of Cyprus, Energy Minister George Papanastasiou said on Friday. ...

French company Nexans is conducting a seabed survey as construction of the Great Sea Interconnector cable continues, Energy Minister George Papanastasiou said on Thursday. Speaking to the Cyprus News Agency ...

The Cyprus-Crete electrical interconnection project will likely face some delays, Energy Minister George Papanastasiou said on Friday, adding that completion by the end of 2029 now appears to be a realistic ...

The digital platform e-kalathi (e-basket), designed to inform consumers about the prices of essential goods and allow them to compare prices on a daily basis, is expected to be operational ...

Cyprus, as the 2024 president of the Med9 group of Mediterranean EU countries, is focusing on transforming the Mediterranean into a green energy corridor, according to Energy Minister George Papanastasiou. Addressing ...

Key talks were underway on Monday between the respective energy regulators of Cyprus and Greece and the project promoter for the electricity connector linking the two countries, while a senior ...

EU member states share common goals of achieving climate neutrality and ensuring a sustainable, secure and affordable energy future, Energy Minister George Papanastasiou said on Monday at the opening of ...

The Great Sea Interconnector (GSI) is a top priority for Israel, the country’s energy ministry head Eli Cohen has said, adding he stressed this to Cyprus’ Energy Minister George ...

Cyprus’ presidency of the MED9, a group of nine Mediterranean EU member states, was the focus of a press conference held at the presidential palace on Thursday. The presidency will ...

Energy Minister George Papanastasiou on Thursday discussed ways to “speed up” the exploitation of natural gas discoveries in Cyprus’ Exclusive Economic Zone (EEZ) with Egypt’s Petroleum Minister Karim Badawi. ...

“The exploitation of the natural gas deposits, the pipelines, the electricity interconnectors, the terminal stations and everything else we are discussing in the meeting, will remain, yet again in the ...

By the first week of September Nicosia will respond in writing to Brussels regarding the latter’s request to be refunded for the €69 million in EU grants already disbursed for ...

The European Commission has demanded that Cyprus repay almost €69 million which had been paid in grants for the crisis-ridden liquefied natural gas (LNG) terminal project at Vasiliko, the energy ministry ...

A divorce settlement is being negotiated between Natural Gas Infrastructure Company (Etyfa) and the CPP-Metron Consortium (CMC) which had the contract for the creation of an LNG terminal in Vassiliko. ...

Energy Minister George Papanastasiou on Thursday took formal delivery of a cost-benefit analysis for the Great Sea Interconnector project – the mooted subsea electric cable linking Cyprus to Greece. The dossier ...

The Electricity Authority of Cyprus (EAC) must “change” to become a competitive organisation by the time the electricity market opens up, the energy minister said on Tuesday. “Our vision is ...

The government is concerned the European Commission may withdraw its €657 million subsidy for the electricity connection between Cyprus and Greece through the Great Sea Interconnector project, Energy Minister George Papanastasiou ...

Italian energy giant Eni is reportedly considering divesting from specific projects, including Cyprus, but Nicosia on Wednesday said they had so far received no information. Energy Minister George Papanastasiou was ...

The energy minister on Tuesday sounded favourably disposed towards the state investing directly in a mooted subsea electricity cable linking Cyprus to Greece, but MPs pushed back citing the political ...