Τhe Cyprus government will request from Greece’s Independent Power Transmission Operator to carry out a cost-benefit study as regards the Cyprus-Greece electricity interconnection (Great Sea...
The consortium of the "Aphrodite" gas field, which consists of Chevron Cyprus Limited, NewMed Energy Limited Parthnership and BG Cyprus Limited, has submitted its proposal for the optimisation of the...
02/04/2024
Minister of Finance Makis Keravnos announced Thursday a new package of five support measures, aimed at counterbalancing the abolition of the zero-tax rate on fuel consumption at the end of the month....
29/03/2024
Energy Ministers of Cyprus and Israel George Papanastasiou and Eli Kohen have agreed to continue promoting joint energy projects, with emphasis to the construction of the submarine electric cable...
28/03/2024
The total sales of petroleum products amounted to 115,421 tonnes in February 2024, recording an increase of 7.1% compared to February 2023, according to data published by the Statistical Service.A...
27/03/2024
Finance Minister Makis Keravnos said on Tuesday that the government is in the process of reviewing and reflecting on targeted compensatory measures, as a result of the abolition of the reduction in...
26/03/2024
Cyprus aims to conclude construction works for the Liquified Natural Gas (LNG terminal in Vasilikos by the end of 2024 as this would assist the efforts to reduce electricity generation costs Minister...
26/03/2024
The main body of the Vassiliko LNG project could be completed at the end of 2024 or early in 2025, as long as various parties can truly work together with each other, the Ambassador of China to...
22/03/2024
The Cyprus Naturas Gas Public Company (DEFA) is racing against time to meet a deadline that finishes at the end of 2024 for the conclusion of the Liquefied Natural Gas Terminal in a bid to absorb the...
19/03/2024
Minister of Energy George Papanastasiou has expressed hope that the LNG Terminal, under construction in the Vassilikos area, will be completed before the end of this year.Speaking to journalists...
19/03/2024