The government is “in talks with energy giants” over the allocation of the rights to research and drill for natural gas in blocks of Cyprus’ exclusive economic zone (EEZ) which ...
For many years, the public debate has assumed that replacing oil with natural gas would automatically produce substantially lower electricity prices. That assumption was reasonable when the Vasilikos LNG import ...
When Cyprus approved the Vasiliko LNG import project in 2019, the rationale appeared compelling. Importing natural gas promised to reduce electricity prices, lower carbon emissions, improve security of energy supply, diversify ...
The leader of the Alma party Odysseas Michaelides and an MP candidate for Disy got into a fiery tussle over the weekend, with the former accusing the latter of leeching ...
The Christodoulides government has made a habit of pulling the plug on several public projects, regardless of the cost to the taxpayer. The most high profile termination was the Vassiliko ...
Workers at the Electricity Authority (EAC) on Tuesday threatened escalating strike action, demanding that independent authorities investigate a series of suspicious activities that they say point to an undermining of ...
Even before the outbreak of the war on Iran the Cyprus government faced profound challenges including the need to protect the living conditions of lower income households, to undertake investments ...
MPs on Tuesday again grilled state officials over the status of the LNG import terminal at Vasiliko, as it was heard that the non-completion of the project costs taxpayers some €350 ...
The government is in the process of returning €67 million in funding for the LNG terminal in Vasiliko to the European Commission, the energy minister said on Tuesday, also telling MPs ...
Opposition MPs on Tuesday voiced outrage at the government for giving them no clear answers as to the status of the LNG project at Vasiliko, with some politicians warning the ...
2025 was a tumultuous year for energy in Cyprus. Its two biggest projects, the import of LNG at Vasilikos and the GSI electrical interconnector, were in the limelight mostly for the ...
Cyprus has been given until November to repay millions of euros which had been paid by the European Commission in grants for the construction of the liquefied natural gas terminal ...
The government is engaged in “damage limitation” following reports of “serious safety issues” regarding the construction of a liquefied natural gas terminal at Vasiliko, Energy Minister George Papanastasiou said on ...
The House plenum on Thursday evening approved the 2025 budget for the Natural Gas Public Company (Defa) amid a lively debate over the delays in the advent of natural gas for ...
Energy Minister George Papanastasiou has been invited to appear before the House energy committee on Tuesday to update members on energy storage, hydrogen development and the liquefied natural gas (LNG) ...
The floating storage and regasification unit (FSRU) Prometheas, which will form part of the liquefied natural gas (LNG) project at he, will set sail for Cyprus from Shanghai at the ...
The House energy and commerce committee will hold a snap session on Wednesday to discuss Vasiliko, the Great Sea Interconnector and Tui.
All three topics have plagued news headlines, particularly ...
The government is due to give the thumbs-up on Tuesday to a call for tender for the selection of a project manager for the troubled Vasiliko LNG terminal.
The decision ...