Gas demand grows as production rises

China is expected to account for almost half of the total growth in global gas demand between 2022 and 2026. A new UN report, ‘The Production Gap – Phasing down or phasing up’, said that

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Aphrodite dispute deadline November 20

Final decisions on developing the Aphrodite gas field will be made on November 20, NewMed Energy said in a statement to the Tel Aviv Stock Exchange. It said the consortium partners will

No gas without infrastructure

Energy Minister George Papanastasiou believes developing infrastructure to harness the natural wealth in the Cypriot Exclusive Economic Zone (EEZ) is critical. He argued that while Cyprus boasts significant natural gas reserves, the lack

Nicosia stands firm in Chevron standoff

Nicosia is sticking to its guns over a dispute in the commercial exploitation of the estimated 4.4 trillion cubic feet of Aphrodite’s untapped natural gas, ahead of the 5 November deadline. Chevron

Energy policy flickers in darkness

Successive governments have declared for over a decade that they want to develop the island’s onshore and offshore resources for Cyprus to become an energy hub, linking the Middle East, northern Africa,

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