Outgoing Lakkotrypis calls for bigger budget for energy ministry
Outgoing energy and commerce minister Giorgos Lakkotrypis on Tuesday called for an increase in the budget of the ministry, saying its balance sheet is disproportionately...
Lakkotrypis
Cabinet ratifies EastMed gas pipeline
The cabinet on Thursday ratified the EastMed gas pipeline project, which had been signed in January by Greece, Israel, and Cyprus. The project is also...
Energy companies assure are committed to Cyprus drilling
Energy companies licensed to prospect for gas off Cyprus have assured the government they are committed to their contracts despite inevitable delays due to the...
Energy minister in self-quarantine after Italy trip
Energy Minister Giorgos Lakkotrypis has placed himself in quarantine for 14 days after a trip to Italy, it emerged on Wednesday. Government spokesman Kyriacos Koushos...
Minister under fire for rising pump prices
Taking flak from several quarters, Energy Minister Giorgos Lakkotrypis sought on Tuesday to downplay coming price hikes on automotive fuel after he ordered fuel companies...
Cyprus poised to sign natural gas supply contract by year’s end
Cyprus is set to sign a contract to supply natural gas to the domestic market by the end of the year, Energy Minister Yiorgos Lakkotrypis...
Energy companies have not been scared out of block 7
Energy Minister Yiorgos Lakkotrypis said on Tuesday international energy companies had no intention to start their drilling programmes in block 7 of Cyprus Exclusive Economic...
‘Turkey’s claims on Cyprus EEZ do not benefit either community’
Energy Minister Yiorgos Lakkotrypis said on Tuesday that Turkey’s claims on Cyprus’ exclusive economic zone (EEZ) do not benefit Turkish Cypriots or Greek Cypriots. Speaking...
No change in Eni’s drilling plans, energy minister says (Updated)
Italian energy firm Eni has assured that its commitment towards Cyprus was a given, as was its natural gas drilling programme, Energy Minister Giorgos Lakkotrypis...
Steps being taken to ease economy bottlenecks says minister
Energy costs, the availability of finance, access to digital infrastructure, the availability of skilled staff and uncertainty about the future have been identified as the...
Lakkotrypis leaves for Cairo for Gas Forum
Energy Minister Giorgos Lakkotrypis left on Wednesday for Cairo to take part in the 2nd ministerial meeting of East Mediterranean Gas Forum, together with his...
First exploitation licences set to be issued for Cyprus EEZ
The Council of Ministers is expected issue exploitation licences for the Aphrodite field, Energy Minister Giorgos Lakkotrypis said on Sunday. “Regarding the agreements with Total...
Eight offshore drills for hydrocarbons over next 24 months
Cyprus plans to carry out eight offshore drills for hydrocarbons over the next 24 months, the government revealed on Tuesday. “Activities within the Exclusive Economic...
Cyprus expects first gas output from Aphrodite field by 2025
By Devika Krishna Kumar Cyprus expects initial natural gas production from the Aphrodite field will begin between 2024 and 2025, Cyprus’ Minister of Energy Yiorgos...
Trade with UK not expected to be hit by hard Brexit
Cyprus’ trade with the UK is not expected to be adversely affected in any significant way, including in the event of a hard Brexit, Commerce...
Challenges ahead for tourism industry, hoteliers say
Despite recent record years Cyprus’ tourism continues to face great challenges due to geopolitical developments, recession and competition from neighbouring countries, speakers at the 41st...
France’s Total may expand presence into block 8 of EEZ (Updated)
French energy giant Total, wants to expand its presence into block 8 of Cyprus’ exclusive economic zone (EEZ) Energy Minister Yiorgos Lakkotrypis said on Monday....
ENI defiant in face of Turkish threats
The CEO of Italian energy giant ENI, Claudio Descalzi, was defiant in the face of Turkish threats on Wednesday, saying the company was committed to its plans...
Lakkotrypis confirms Shell’s interest in Cypriot gas
Energy Minister Yiorgos Lakkotrypis said Royal Dutch Shell has shown interest in buying Cypriot and Israeli gas over the next 10 years. Lakkotrypis, who was...
Cyprus, Greece and Egypt Tourism Ministers discuss cruise tourism
Minister of Tourism Yiorgos Lakkotrypis has had a trilateral meeting with his Greek and Egyptian counterparts Elena Koundoura and Rania Al Mashat in Berlin on...