Energy

Cyprus can be ‘climate neutral’ by 2050

Cyprus is on target with its 2030 energy consumption targets and could meet the EU’s ambitious ‘climate neutral’ objective by 2050 if the island ends its energy isolation through gas pipelines and

Cyprus’s one-way road to natural gas 

By Costis Stambolis As Cyprus has embarked on the road to introducing natural gas to its energy system, following the signing of agreements by DEFA – Cyprus’s gas company – with contractors and suppliers

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Cyprus one step closer to importing LNG

Cyprus’ Natural Gas Public Company (DEFA) has completed the first phase tender process for securing the supply of Liquefied Natural Gas (LNG) for power generation. Nineteen interested suppliers were selected for the

EIB funds cleaner new Cyprus power plant

The European Investment Bank has approved €76 mln to finance the construction of a new power plant outside Limassol by the Electricity Authority of Cyprus for cleaner energy transition. According to an

Cyprus natgas search rescheduled for late 2021

Natural gas explorations south of Cyprus and near Egypt’s giant offshore gas fields will resume in the latter part of next year with the energy companies involved reassuring Nicosia of their plans.

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