Until the completion of the energy transition, natural gas reserves in the Mediterranean can serve as a transitional solution to the EU’s dependency on Russian natural gas, said Andreas Poulikkas, head of
The government will introduce stricter rules at Green Line crossings to clamp down on abuses related to purchasing cheaper fuel from the Turkish-occupied north, said Energy Minister George Papanastasiou. The minister’s statement
The government will decide this week whether to continue a freeze on consumer tax on fuel and a subsidy on electricity bills under pressure from petrol station owners. The relief measures introduced
The cabinet on Wednesday approved an Energy Ministry proposal to allow petrol stations to install electric vehicle charging points. The move, which will be implemented after an amendment to the existing law
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
