#lng

As Cyprus recovers from the disappointment over the failure to find commercially viable natural gas at the Electra-1 target, Energy Minister George Papanastasiou has said the outcome is not as ...

Cyprus is waiting for an official update on Monday after disappointing news from a major offshore drilling project. The drilling at the “Electra” target in block 5 of the island’s ...

The utilisation of liquefied natural gas (LNG) brought onshore at Vasiliko could reduce electricity bills by as much as 35 or 40 per cent, energy expert Dr Charles Ellinas said on Thursday. ...

The floating, storage and regasification unit (Fsru) is currently moored at the Strait of Malacca, Malaysia, where it’s undergoing technical checks, the energy minister said on Monday. George Papanastasiou ...

The floating, storage and regasification unit (Fsru) may head out to Greece and moor there for about a year until the LNG terminal in Cyprus is completed, reports said on ...

The departure of the floating storage and regasification unit (FSRU) ‘Prometheus’ is a positive development, President Nikos Christodoulides said on Sunday, over the ship that will form part of the ...

The floating storage and regasification unit (FSRU) Prometheas, which will form part of the liquefied natural gas (LNG) project at Vasiliko, is expected to sail for Cyprus from Shanghai any ...

Energy Minister George Papanastasiou said on Friday that the aim is for Cyprus to become an export hub for liquefied natural gas, which will come from the deposits of the ...

Officials on Tuesday reiterated there currently exists no practical way to bring down energy costs, which have a knock-on effect on the prices of goods, as one MP warned that ...

The European Commission has reportedly not changed its mind in demanding a refund of €68.6 million in grants given to Cyprus for the liquefied natural gas (LNG) facility at Vasiliko, reports ...

The natural gas market should never have been labelled as emerging, as Cyprus could have already had 40 per cent cheaper energy if the market was open to competition, George Chrysochos ...

The government will invite two tenders in a bid to complete the LNG project, one for remaining construction work on the jetty at the land-based facilities at Vasiliko, the other ...

The government has managed to buy time to offer explanations to the EU commission over the LNG project fiasco, Energy Minister George Papanastasiou said on Monday. Speaking on CyBC radio, ...

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 ...

The Chinese CPP-Metron Consortium Ltd (CMC) should never have been awarded the Vasiliko liquified natural gas (LNG) project President Nikos Christodoulides said on Monday, as damning statements of blame continued ...

The construction of the liquefied natural gas (LNG) terminal in Vasilikos will proceed and be completed despite the withdrawal of the Chinese consortium of companies from the project, Energy Minister ...

The government has “a Plan A and a Plan B” for the liquefied natural gas (LNG) terminal at Vasiliko, the president said on Tuesday. Nikos Christodoulides was responding to journalists’ ...

Progress towards implementing the liquefied natural gas terminal at Vasiliko will be on the House energy committee’s agenda on Tuesday when it reconvenes following the elections. Energy Minister George ...

It is clear from the spectacular failure of almost all major high profile projects this year that the whole system of tendering and awarding such projects is in disrepair and ...

Energy Minister George Papanastasiou said on Sunday that “there is light on the horizon” regarding the construction of the liquefied natural gas (LNG) terminal in Vasiliko. Speaking after a church ...

This is becoming the recurring theme of all major projects in Cyprus. Almost invariably they all run into problems, run out of time and costs sky-rocket. The antiquated methods employed ...

Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) has hit back at Natural Gas Infrastructure Company (Etyfa) in the latest round of their ongoing spat regarding the under-construction liquefied natural gas (...

I participated at FLAME 2024, Europe’s lead natural gas conference, in Amsterdam end April. The theme of the conference was ‘Navigating the energy trilemma’ and LNG featured prominently. A key ...

Egypt desperately needs a major gas discovery to shore up its declining production The submission of the updated development plan for the Aphrodite gasfield by Chevron at the beginning of ...