Cyprus hopes to develop plans for a pipeline linking it to Israel’s east Mediterranean gas fields during talks which start next month, Energy Minister George Papanastasiou told Reuters. Proposals by the government,
Cyprus and Lithuania raised concerns over the construction of nuclear power plants in Turkey and Belarus during the EU Transport, Telecommunications and Energy Council. The interventions were made during the discussion on
Due to estimated shortages in electricity generation capacity, Israel wants to fast-track its cable interconnection with Cyprus, said Energy Minister George Papanastasiou. Confirming media reports, Papanastasiou said the issue was discussed at a
The visit to Israel this week of Energy Minister George Papanastasiou highlighted the urgency with which some infrastructure projects must be fast-tracked and delivered, preferably ahead of schedule. A series of power
Efforts to transition to a carbon-neutral economy are doomed to fail if the government does not invest in energy storage facilities, as the island’s isolated grid cannot handle the excess load from
Concerns about a global economic slowdown impacting demand overshadow Saudi Arabia’s promised output cuts. The market sentiment has also been affected by rising fuel stocks in the US and disappointing Chinese export
Follow-through from last month’s G7 meeting, when “increased deliveries of LNG” and “publicly supported gas investments” were endorsed, has started to emerge. US public finance has started to flow for LNG, despite
Minister of Energy George Papanastasiou is in Israel to meet his Israeli counterpart to discuss the possible import of natural gas and build the associated infrastructure. He also hopes to resolve a long-running dispute
Cypriots will see energy costs rise overnight when a freeze on consumer tax on fuel and a government subsidy on electricity bills expire at the end of June. The relief measures introduced
Cyprus is way off reaching its goal of wiping out CO2 emissions in transport by 2035, as a lack of planning by authorities has meant only a very limited number of electric
