President kicks off his EAC initiative
President Nicos Anastasiades’ meeting with the board of the Electricity Authority of Cyprus (EAC) on Monday was a first step towards the implementation of the...
Energy minister Giorgos Lakkotripis
‘A vote of confidence in Cyprus’ EEZ’ (Updated)
The detection of carbonate layers in the southern part of Cyprus’ Exclusive Economic Zone (EEZ), which could hold pockets of natural gas, was a chief...
Larnaca port decision will delay Total’s drilling plans, minister says (Updated: adds Neophytou)
Energy Minister George Lakkotrypis on Saturday said that the Larnaca municipal council’s rejection of the request of the hydrocarbon companies for the temporary extension of...
Lakkotrypis: EAC unions should come up with rational arguments, not just personal attacks
Energy Minister Giorgos Lakkotrypis said Saturday’s comments by Electricity Authority of Cyprus (EAC) union leaders made against him were nothing more than personal attacks and...
Troika rejects notion of EAC remaining in state hands – reports
Cyprus’ international lenders have reportedly flat-out rejected the government’s proposal regarding the future of the state power company. The troika has turned down a proposal...
Minister flummoxed over EAC unions reaction
By Elias Hazou The government is “convinced” that the state power company (EAC) must remain in state hands, Energy Minister Giorgos Lakkotrypis reiterated on Tuesday,...
Russian firms urged to jump on energy bandwagon
By Angelos Anastasiou Companies within Russia’s energy industry should take advantage of Cyprus’ existing and potential opportunities relating to natural gas infrastructural projects, Energy Minister...
Tourism to be high on Moscow agenda, minister says
One of the primary goal of his visit to Russia will be to promote tourism, Energy, Commerce, Industry and Tourism Ministry Giorgos Lakkotrypis said on...
Results from Block 9 expected within weeks
By George Psyllides The results of exploratory drilling for natural gas offshore Cyprus are expected in the next weeks, Energy Minister Giorgos Lakkotrypis said on...
Lakkotrypis: business as usual
The best answer to Turkish provocations in the island’s EEZ is ‘business as usual’, Energy Minister Giorgos Lakkotrypis said on Tuesday. Answering reporter’s questions at...
Prices expected to fall at petrol pumps
By Constantinos Psillides FUEL companies will be lowering fuel prices to reflect the global drop in oil prices, Star Oil manager Giorgos Petrou said yesterday,...