The risk of investing in energy infrastructure in Cyprus seems to have been reduced as the crisis in the Ukraine unfolds, with the EU looking towards solutions that may cost more, but which will...
The Minister of Energy, Commerce, Industry and Tourism George Lakkotrypis departs Thursday for Athens, where he will attend the two-day informal meeting of EU Energy Ministers on 15 and 16 May....
15/05/2014
The evaluation of proposals received in response to an Invitation for Supply of Natural Gas for Power Generation, issued last January, will take a few weeks, Cyprus` Natural Gas Public Company (DEFA...
13/05/2014
Oilfield services and products company, Halliburton has made its presence in Cyprus officially known. Senior company officials were received on Friday, at the Presidential Palace, by Cyprus...
12/05/2014
The discovery of hydrocarbons does not mean that Cyprus has won the lottery, Finance Minister Harris Georgiades has said, noting that “we should not be placing our hopes for economic recovery on the...
12/05/2014
Minister of Communications and Works Marios Demetriades has said that a strategic study on the use of Cyprus` ports by oil & gas companies drilling for natural gas within the country`s Exclusive...
05/05/2014
There are encouraging indications for oil discoveries in the offshore area of Cyprus, Energy Minister Giorgos Lakkortypis said on Monday, expressing cautious optimism for further natural gas...
29/04/2014
A high level delegation of the German giant Deutsche Bank arrives in Cyprus tomorrow to discuss with Cypriot Energy Minister Giorgos Lakkotripis the financing prospects over a Natural Gas...
24/04/2014
President of the Cyprus Hydrocarbons Company (CHC) Toula Onoufriou expects significant developments which will enhance the option of creating onshore LNG terminal at Vasilikos, on the southern coast...
16/04/2014
Four proposals were filed, in total, to the Natural Gas Public Company (DEFA) for the supply of natural gas for power generation. According to a DEFA press release, the deadline for submission of...
14/04/2014