Energy Minister George Papanastasiou has discussed with consortiums the option of importing natural gas quantities from Cyprus’ Exclusive Economic Zone for power generation in combination with LNG exports via a small plant.
The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the gas market as it grapples with extreme volatility and persistently
Cyprus will be in a position to export natural gas in the next four to five years, said the island’s Energy Minister Natasa Pilides in an interview with a Greek newspaper on
By Jeffrey Halley After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to
The economic outlook for Germany has deteriorated in recent months due to high energy price inflation and rising gas security risks, the DBRS Morningstar The sharp increase in global energy prices has
By Jeffrey Halley Thursday is shaping up to be a frisky day for financial markets, but nothing was more important than the 6am news in Berlin that the official Nord Stream 1
Building a natural gas pipeline from Israel to Cyprus could be revived if Energean’s recent gas discovery in Israeli waters proves to be as fruitful as initial estimates. In comments to the
By Jeffrey Halley Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too
By Craig Erlam A little bit of positivity seems to have returned to the markets on Wednesday, but there’s still plenty of underlying unease amid a mixed bag of earnings and rising
By Jeffrey Halley The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China’s slowdown fears grabbed centre-stage. The economic
