Europe’s LNG strategy is flawed

The current European natural gas markets still are looking at very high price settings, while demand is below historical levels, and supply could be hit by Asian demand increases. Since the Russian


LNG terminal delayed again

A new timetable has been set for the long-delayed LNG terminal at Vassiliko, with contractors estimating its completion in October instead of July. Construction of a jetty as part of the Liquefied

What is going on with Cyprus LNG?

Following a hard-hitting article in Phileleftheros on 5 January calling the project a ‘fiasco’, we had a flurry of announcements from the Ministry of Energy during the last few days. The good


Energy minister plays down LNG delays

Energy Minister Natasa Pilides has assuaged stakeholders’ and MPs’ concerns over serious delays in constructing a liquefied natural gas (LNG) terminal. The project, which has seen its cost rise from €290 mln

More delays for LNG terminal

Construction of a liquefied natural gas (LNG) terminal at Vassiliko is stuck after a dispute between the government and the consortium implementing Cyprus’ largest energy project. With long delays already under its

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