#natural gas

Partners in the Aphrodite natural gas field submitted on Sunday a new development plan for the field to the government. In an announcement, the partners (NewMed Energy, Chevron and Shell) ...

Energy Minister George Papanastasiou on Thursday discussed ways to “speed up” the exploitation of natural gas discoveries in Cyprus’ Exclusive Economic Zone (EEZ) with Egypt’s Petroleum Minister Karim Badawi. ...

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 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 Vasiliko liquified natural gas (LNG) project is “not shipwrecked” President Nikos Christodoulides said on Tuesday after widespread speculation that the project’s future was looking increasingly dire. Christodoulides, in ...

Cyprus aims to conclude construction works for the Liquified Natural Gas (LNG) terminal in Vasiliko by the end of 2024 as this would assist the efforts to reduce electricity generation costs ...

The CPP-Metron Consortium Ltd (CMC) is set to resume construction of an LNG terminal in Vasiliko over the weekend, it emerged on Friday. During a meeting between CPP representatives from ...

Leaving aside the issues of how the doomed LNG project was awarded, the key issue is to recover and complete it Much has been said and written about the debacle ...

Nothing exemplifies the amateurishness and superficiality of our state services as well as the country’s energy policies of the last 15 years. Policies – if you could describe the catalogue of ...

Energy Minister George Papanastasiou said on Friday that findings from the ‘Cronos 2’ natural gas field were very positive. The well, located 160km off the coast of Cyprus in block 6, confirmed ...

Rich findings of natural gas have been found in Cronos 2, located in block 6 of Cyprus’ Exclusive Economic Zone (EEZ), Energy Minister George Papanastasiou announced on Saturday. According to the state ...

Terminal at Vasiliko started under a cloud of suspicion and has just got worse The writing was on the wall even before the contract for the liquified national gas (LNG) ...

Foreign Minister Constantinos Kombos said on Sunday that he would welcome a dialogue with Ankara on natural gas, before solving the Cyprus problem, only if it was between the Republic ...

Natural gas will continue to be part of the energy mix for some time to come, giving the island breathing room to sort out the challenges it faces COP28, the ...

Southeastern Mediterranean countries, including Cyprus, “can pioneer the hydrogen economy”, Cyprus Energy Regulatory Authority (Cera) chairman Andreas Poullikkas said. Poullikkas was speaking at a conference on the subject of energy ...

Cyprus will respond to a request from Chevron to extend a deliberation period for the ‘Aphrodite’ gas field in the exclusive economic zone (EEZ) within the day, Energy Minister George ...

Following three-way talks at the presidential palace on Monday, President Nikos Christodoulides, Israel’s Benjamin Netanyahu and Greece’s Kyriakos Mitsotakis reaffirmed their commitment to reinforce their cooperation in energy. “...

Israel’s energy minister said on Wednesday that more of the country’s natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and an ongoing ...

Despite challenges, the latest plans for the development of Aphrodite are more serious and realistic Aphrodite is back in the limelight. On May 31 NewMed submitted an updated development plan to ...

By Andreas Charalambous and Omiros Pissarides Humanity has made remarkable progress in dealing with the energy crisis caused by the war in Ukraine. However, a lot remains to be done. ...

The recently-appointed energy minister George Papanastasiou seems to have injected a sense of purpose Construction of a €300 million liquefied natural gas (LNG) import terminal at Vasilikos, plagued by a series ...

The importance of the East Med to Chevron’s gas plans was made clear at the company’s ‘2022 4Q Earnings Conference Call’ on January 27 and subsequently at its ‘Investor Presentation’ ...

International hydrocarbon exploration and production company Energean on Tuesday announced that Israel has now officially entered the oil exporters club, after hydrocarbon liquids were transported from Karish. “Energean is delighted ...

Cyprus Energy Regulatory Authority (CERA) chairman Andreas Poullikkas on Monday stated the energy transition, which primarily concerns the transition from fossil fuels to sustainable energy sources, while a necessary and ...