Qatar seals 27-year LNG deal with China as competition heats up
QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest such LNG agreement to date as volatility drives buyers to seek long-term ...
East Med energy – the message from Europe and the IOCs
During the last ten days the island was privileged to host two senior officials key to the energy future of Cyprus: European energy commissioner Kadri Simson, and Director, frontier exploration, ...
Germany touts possible ‘major role’ for Canadian LNG in shift away from Russia
Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the ...
Britain to receive rare LNG cargo from Australia
Britain is set to receive a rare shipment of liquefied natural gas (LNG) from Australia later this month, as countries across Europe strive to secure enough supplies ahead of winter.
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Germany, Canada in talks over LNG terminal for export to Europe -govt official
Germany is in talks with Canada over options for a liquefied natural gas (LNG) terminal on Canada’s east coast for export to Europe, a German government official told Reuters ...
Greece hopes to play important role in solving Europe’s energy conundrum – PM
Greek Prime Minister Kyriakos Mitsotakis says Greece, an entry point for natural gas for the eastern Mediterranean, could play a key role in helping Europe achieve energy autonomy given its ...
Block 6 drilling to take two months as EU looks towards Cyprus LNG facility
Exploratory drilling for natural gas off Cyprus now underway by Eni-Total should take 60 days, Energy Minister Natasa Pilides said on Tuesday as EU Commission president Ursula Von der Leyen told ...
Israeli natural gas may be exported to EU through Cyprus
Greek oil and gas company Energean on Monday announced the discovery of a commercially exploitable natural gas field in Israel’s exclusive economic zone (EEZ), with Cyprus being considered as ...
At last, a bankable LNG project for Cyprus
The urgent push to end dependency on Russian energy is creating new opportunities for the East Med and reviving projects previously considered unviable
By Charles Ellinas
A proposal by Energean ...
Eni signs Egyptian gas deal to unlock LNG supplies for Europe this year
Eni (ENI.MI) has signed a deal to boost gas production in Egypt and boost liquefied natural gas supplies to Europe, the Italian energy group said on Wednesday.
The move ...
Europe’s appetite for US gas fast-tracks two new LNG projects
Two US liquefied natural gas (LNG) projects took major steps toward launching this week as Russia’s threats to cut energy supplies to Europe drives up demand and prices for ...
Could the US ship more LNG to Europe?
The United States, the world’s top natural gas producer, wants to send more liquefied natural gas (LNG) to Europe to help its allies break their dependence on Russian gas ...
Global LNG demand growth shifts from Asia to Europe on Russia sanctions
Asia’s liquefied natural gas (LNG) demand growth may cool this year as buyers baulk at record-high spot prices pushed even higher by Europe’s shift to the super-chilled fuel ...
Cyprus LNG import project – questions that will not go away
This project has been continuously in the limelight during the last few weeks, but, worryingly, for the wrong reasons. Following many questions about the lack of progress, significant schedule slippage ...
Our View: State should calculate the cost of abandoning LNG project
It was triumphantly hailed by the government as the biggest and most important energy project ever undertaken by the Cyprus Republic, when the contract for the LNG import and regasification ...
President urges ministries to speed up LNG project
President Nicos Anastasiades on Thursday instructed government departments to do what they can to speed up the project for the import of liquefied natural gas (LNG).
A meeting held at ...
Cyprus LNG import project in trouble
Following a highly controversial tendering process, the island’s €290million LNG project was handed in December 2019 to a consortium led by China Petroleum Pipeline Engineering Company (CPPE), a pipeline construction ...
LNG project progressing despite nine-month delay
President Nicos Anastasiades on Friday voiced concern over delays in bringing natural gas to Cyprus, asking that the project be stepped up.
The issue was discussed with Nicos Castellani, the ...
CPP official pledges consortium’s determination to complete LNG terminal project at Vassiliko by June 2023
Deputy Managing Director of China Petroleum Pipeline Engineering Duan Bingquan pledged his determination to bring natural gas to Cyprus which is scheduled to be delivered at the end of June 2023.
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Electricity from natural gas projected from 2023
Electricity production from natural gas can be expected during the first half of 2023, the chairman of the public natural gas company said Tuesday.
Symeon Kassianides said no extra cost to ...
Work begins on LNG ship for Cyprus
Construction work has begun on the ship that will convert liquefied natural gas (LNG) into the fuel’s gaseous form, burned to generate electrical power at Vasilikos, an official statement ...