Energy - Page 3

No drop in electricity bills as Cyprus pays to pollute

Despite a 2.9% reduction in electricity transmission and production costs, consumers in Cyprus will not see any dent in their energy bills due to the electricity authority paying for the right to pollute. While the Electricity Regulatory Authority has approved

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Cyprus to sign EastMed pipeline deal in Athens

Cyprus President Nicos Anastasiades will be in Athens, on January 2 to sign the intergovernmental agreement with Greece and Israel to build the 1,900 km EastMed gas pipeline. The signing ceremony will

Germany ready to promote EU sanctions against Turkey

Berlin has pledged to implement any targeted sanctions approved by the EU over Turkey’s illegal energy drilling operations in Cyprus’ exclusive economic zone, Cypriot Defence Minister Savvas Angelides said. Germany’s Defence Minister