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


Natural gas power plant green-lighted

A long-awaited private natural gas power plant, adding to Cyprus’ energy capacity and helping to reduce CO2 emissions, is expected to be greenlighted after long delays. Larnaca District Officer, Odysseas Hadjistefanou, said

Cyprus can supply natural gas to EU faster

President Nicos Anastasiades believes Cyprus could transport natural gas sooner to Europe if Brussels invested in constructing the necessary infrastructure. In an interview with Germany’s Die Welt newspaper, he argued the EU


Sentiment slips in Europe

By Craig Erlam Stock markets in Europe turned lower again on Wednesday, while US futures are more mixed, similar to what we saw in Asia overnight. Conditions remain choppy in the aftermath

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