Cyprus and Egypt said to be close to inking gas deal
By Elias Hazou Cyprus and Egypt are reportedly poised – perhaps even this week – to conclude an interstate gas export-import agreement. Energy minister Yiorgos...
Energy Minister Yiorgos Lakkotrypis
All necessary measures being taken for Exxon drilling, minister says
Cyprus is taking all necessary measures to ensure that US energy giant, ExxonMobil’s exploratory programme in the island’s exclusive economic zone (EEZ) proceeds smoothly, Energy...
Hydrocarbons: a blessing or a curse
I was not surprised but very concerned when I read Greek Cypriot Energy Minister Yiorgos Lakkotrypis’ statement that the Cyprus problem should not be linked...
EAC won’t be privatised (Updated)
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....
Fuel price monitoring is ‘gradually improving’
By Angelos Anastasiou SOME of the measures for more effective monitoring of the price of fuel imports are already being implemented, with the rest to...
EAC, unions and Lakkotrypis agreed to new terms for study tender
By Andria Kades Energy minister Yiorgos Lakkotrypis and labour unions at the Electricity Authority of Cyprus agreed to call for a new tender for a...
Electricity market to open up to new sellers
By Angelos Anastasiou A 30-day public consultation for the opening of the electricity market in Cyprus was kicked off during yesterday’s presentation of a study...
Petrol prices going down
By Evie Andreou FUEL companies have announced the second price reduction in a month, following a furore last week over high prices. The companies announced...
Lack of competition leads to high fuel prices says minister
Fuel prices on the island are controlled by the lack of healthy competition both in wholesale and retail markets, Energy Minister Yiorgos Lakkotrypis said on...
Energy Minister: Oman interested in Cyprus’ exclusive economic zone
Energy Minister Yiorgos Lakkotrypis said on Wednesday that Oman is very much interested in Cyprus’ exclusive economic zone (EEZ). Lakkotrypis, who visited Oman recently and...
