EU extends Turkey drilling sanctions

The European Council has agreed to extend the regime of sanctions against Ankara in response to Turkey’s unauthorised drilling activities in the Eastern Mediterranean. EU sanctions will be extended for a further

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Cyprus-Lebanon agree on energy issues

Updating a Cyprus-Lebanon agreement on the demarcation of their exclusive economic zones (EEZ) was discussed by President Nicos Anastasiades and Lebanon’s Prime Minister Najib Mikati on the sidelines of the COP27 Summit.

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Cyprus electricity prices climb 32%

Annual average household electricity prices in the European Union increased sharply in the first six months from €22 per 100 kWh to €25.3 but were higher in Cyprus. The same Eurostat data

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Cyprus can help solve EU energy crunch

Budapest believes Cyprus’ yet untapped natural gas finds can help resolve Europe’s energy crisis instead of price caps and sanctions on Russian energy, said Hungary foreign minister Péter Szijjártó Monday. Cyprus’ gas

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ExxonMobil urges state support for EastMed gas

Governments should provide the necessary support to increase energy supply from the Eastern Mediterranean, said ExxonMobil’s frontier exploration director Tristan Aspray. He told a panel discussion on energy supply and security in

Turkish Cypriots eye EuroAsia plug-in

The construction launch of the EU-backed EuroAsia electricity interconnector has triggered fears among Turkish Cypriots that they are left solely dependent on its notoriously faulty grid. The Turkish Cypriot Energy Efficiency Association,

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