Vassiliko LNG terminal delayed, yet again

The long overdue construction of the liquified natural gas terminal at Vassiliko, near Limassol, is crashing into a brick wall, as the government and the Chinese-led consortium that was awarded the contract

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More natgas found as gas flares at Cronos-2

Italian ENI’s exploration in the “Cronos-2” target within Block 6 of Cyprus’ exclusive economic zone (EEZ) appears to have yielded positive results, as gas flaring reported from the drilling site indicates the

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Govt, Chevron resolve Aphrodite standoff

Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding the development of the Aphrodite offshore natural gas field. The

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Natgas projects in revival mode

Follow-through from last month’s G7 meeting, when “increased deliveries of LNG” and “publicly supported gas investments” were endorsed, has started to emerge. US public finance has started to flow for LNG, despite

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