‘Cyprus not yet an energy hub’
Cyprus cannot consider itself an energy hub despite its deposits of offshore hydrocarbons, and as long as the gas remains in the ground, it will never generate the wealth associated ...
Our View: New energy plan sets realistic objectives
After a decade of high-sounding declarations, timelines that fell by the wayside, alliances that came to nothing and ambitious projects on paper – government ambitions for our natural gas reserves have ...
Energy minister has ‘high hopes’ for gas pipeline workshop
The Nicosia energy workshop taking place on Monday on the Israel-to-Cyprus gas pipeline is the first significant milestone in shaping the national energy policy, Energy Minister Giorgos Papanastasiou has said.
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Energy minister: State at fault for high energy prices
The Electricity Authority of Cyprus (EAC) is partly to blame for Cyprus’ energy woes and high prices, but the state has let the people down, Energy Minister George Papanastasiou said ...
List of consumer goods subject to reduced VAT to be ready within the fortnight
The list of consumer goods subject to reduced VAT – in some cases, zero per cent – should be ready within the next 14 days, the commerce minister said on Monday.
Speaking to ...
Our View: Government’s approach to energy is clear and pragmatic
Cyprus’ natural gas reserves, ever since the first discovery in the Aphrodite field in September 2011, have been politically, never commercially, exploited. Politicians never skipped an opportunity to tell us about ...
Electricity price discussed by energy minister, chamber of commerce
The minister of energy, commerce and industry and the Cyprus chamber of commerce and industry (CCCI) agreed on Monday to intensify efforts to reduce the price of electricity.
“We have ...