High ideals but lacking in practicalities
It will take some time before the East Med Gas Forum progresses from being a regional talking-shop into the influential international organisation it aspires to
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Gas has essentially become part of the reunification negotiations, Akinci says
The natural gas issue has essentially become a part of the reunification negotiations and can ruin a solution if not resolved despite the Greek Cypriot
Russian position on Cyprus unchanged, ambassador says
Russian ambassador Stanislav Osadchiy reiterated Wednesday his country’s opposition to EU sanctions as a general rule, stressing that Moscow’s position on the Cyprus problem remained
EU signals sanctions on Turkey over Cyprus drilling (updated)
By Gabriela Baczynska The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey’s “illegal” drilling for
Turkey rejects claims that drilling off Cyprus illegitimate (update 2)
By Daren Butler Turkey said on Wednesday it rejected Greek and European Union assertions that Turkish drilling for gas and oil off Cyprus was illegitimate,
Cyprus takes legal action against firms encroaching its exclusive economic zone
Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island’s continental
By 2030 natural gas prices will plummet
By 2030, there will be such a glut of NG on the market that it will never be economical to exploit our gas. Why? Look
Concerns that state gas deals could lead to higher energy prices
In a move that could smother competition and drive electricity prices higher, the government has taken the step of declaring the natural gas market in
Energean in updated offer to sell natural gas to Cyprus
Greek oil and gas company Energean has submitted to Cypriot authorities an updated proposal to sell natural gas to the island from one of its
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
Government expects information on Calypso in next couple of weeks
Energy Minister Yiorgos Lakkotrypis said Thursday that he expects to be informed about the discovery of natural gas in an offshore field within the next
Gas discovery puts Cyprus on the map, president says
The natural gas discovery in an offshore field inside the island exclusive economic zone (EEZ) has put Cyprus on the map with strong footholds, President
ExxonMobil announces 5-8t cubic feet of gas off Cyprus (Update2)
Cyprus and ExxonMobil on Thursday announced a gas find estimated between 5-8 trillion cubic feet (tcf) in an offshore field inside the island’s exclusive economic
Optimism over natural gas findings
There was optimism on Thursday over the results of an exploratory drill in an offshore field in the island’s exclusive economic zone (EEZ), which will
Turkey set to begin oil and gas drilling off Cyprus
Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister Mevlut Cavusoglu saying on Thursday.
‘Turkey not negative to a federal solution but also looking into other options’
Turkey is open to all alternative types of solution concerning the settlement of the Cyprus problem but does not reject the federal solution, Turkish Foreign
Gas for land – ultimate betrayal or equitable sharing
By Alper Ali Riza There were celebrations and demonstrations on the anniversary of the unilateral declaration of independence of the “Turkish Republic of Northern Cyprus”
Little chance of cheaper electricity any time soon MPs told
Electricity prices are not expected to drop anytime soon, lawmakers heard on Thursday. During a parliamentary discussion on ways in which the state could reduce
‘Cyprus has not agreed for gas to flow through Turkey’
The government on Tuesday rejected reports in the Turkish press that President Nicos Anastasiades expressed his willingness to agree to a deal with Ankara for
‘Other countries cannot extract gas in Turkish and northern Cyprus waters’ Erdogan says
Turkey will not allow the exploitation of gas reserves in Turkish and north Cypriot waters, President Recep Tayyip Erdogan said on Sunday. Speaking at a