The short and medium term prospects of gas in the Mediterranean region were discussed at the 5th Meeting of the Regulatory Authority Advisory Committee (RAAC), held on Wednesday, February 7, with the...
Minister of Energy, Commerce, and Industry George Papanastasiou announced plans to present a significant budget proposal for the Renewable Energy Sources and Energy Conservation Fund at next week's...
19/02/2024
Measures to address high electricity prices are a priority for the government, Finance Minister Makis Keravnos, said on Saturday, noting that efforts are underway during this weekend in order to...
19/02/2024
Cypriot Energy Minister George Papanastasiou will travel to Egypt on Sunday for a series of contacts concerning natural gas in the Eastern Mediterranean.His visit will take place following the...
16/02/2024
The government is set on the completion of the LNG import terminal project, either by continuing to work with the contracting company, or by terminating the contract and continuing in another way,...
16/02/2024
The Ministry of Energy and the licensee consortium within Block 6 of Cyprus' Exclusive Economic Zone (EEZ) are currently engaged in exploring methods for the optimal utilisation of the gas reservoirs...
16/02/2024
New support measures will be submitted at next week’s meeting of the Council of Ministers, Cyprus’ Finance Minister, Makis Keravnos, said on Thursday, not ruling out the possibility of continuing...
15/02/2024
The Energy Ministry announced on Thursday the successful completion of an appraisal well at Cronos-2 target in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) by the Εni Cyprus Limited (operator)...
15/02/2024
The Cabinet authorised Ministers of Finance and Energy to take the final investment decision on Cyprus participation on the “Great Sea Interconnector” project, aim to link the electricity grids of...
07/02/2024
In 2022, the share of renewable energy sources in transport in Cyprus stood at 7.2%, not having changed compared to 2021, while the EU average increased by 0.5 percentage points (pp) from 9.1% in...
06/02/2024