7 d. ago Interconnector payment suspension ‘understandable’, minister says

Greece’s dependent transmission system operator Admie’s decision to temporarily suspend payments to French technology company Nexans for the manufacture and installation of submarine cables for the Great Sea Interconnector is “understandable”, Energy Minister George Papanastasiou said on Friday. He told CyBC the decision was understandable “in the context of the technical, fiscal, and geopolitical risks […]

Politics

8 d. ago Eni Cyprus offers fully funded scholarships for Cypriot students

The Energy Ministry this week announced that Eni Cyprus Limited is offering scholarships for postgraduate studies in energy and environmental management. This initiative, the ministry explained, is part of the company’s exploration and production sharing contract with the Republic of Cyprus. The scholarships are available for the academic year 2025-2026 for the Master’s Degree in […]

Politics

8 d. ago Our View: Taxpayer has the right to know where extra €200m Vasiliko funds are going

Another €200m will be needed for the completion of the LNG import terminal at Vasiliko, said the finance ministry. But we suspect that this is a very optimistic estimate, considering the slapdash way in which the project was approached right from the start, when it was labelled of “national importance” and awarded without competitive tenders […]

Economics

1 week ago Energy minister to brief committee on storage and LNG terminal

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) import terminal in Vasiliko. At 9am, the committee will continue its discussion on the ministry’s strategies for energy storage and hydrogen, a topic under ongoing […]

Politics

2 w. ago UAE's TAQA could invest in electricity project, Cyprus energy minister says

UAE's TAQA could invest in electricity project, Cyprus energy minister says  Reuters

Politics

2 w. ago TAQA interested in investing electricity connection project, Cyprus energy minister says

TAQA interested in investing electricity connection project, Cyprus energy minister says  Reuters

Politics

2 w. ago TAQA interested in investing electricity connection project by 2029, Cyprus energy minister says

TAQA interested in investing electricity connection project by 2029, Cyprus energy minister says  Reuters

Politics

3 w. ago Two new generators to be installed at Dhekelia power station

A tender process with the aim of installing two new generators at the Dhekelia power station has begun, Energy Minister George Papanastasiou said on Friday. Speaking after a meeting with executives from Cyprus’ transmission system operator (TSO), he said the aim of the new generators’ purchase is to limit the costs borne by the government […]

Politics

3 w. ago Minister reaffirms government’s commitment to energy efficiency

The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development. In his address, outgoing president George Georgiou outlined the association’s 2024 activities and emphasised the role of energy efficiency in sustainable development and business competitiveness. Georgiou also addressed key national issues, including […]

Politics

3 w. ago Gas from EEZ will not be first LNG to arrive in Cyprus says minister

The first natural gas to come to Cyprus for power generation won’t be from offshore wells in the island’s exclusive economic zone but rather imports of LNG from other countries, the energy minister said on Tuesday. George Papanastasiou was commenting on the back of two inter-state deals signed a day earlier in Cairo – one […]

Politics