Energy - Page 5

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 see its first LNG terminal in 2021

Cyprus is soon to see the construction of its first LNG terminal station after the government reached an agreement with a Chinese-led consortium for its operation from 2021. Following the contribution of

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