#George Papanastasiou

The Cypriot state must stay the course with the Great Sea Interconnector (GSI), the energy minister said on Monday, even as the outgoing Vice President of the European Investment Bank ...

Energy Minister George Papanastasiou on Tuesday met Egypt’s Petroleum Minister Karim Badawi for a “results-oriented discussion” regarding the two countries’ efforts to exploit natural gas from under the seabed ...

Matters became heated between Energy Minister George Papanastasiou and the electricity authority’s scientific staff’s trade union Sepaik leader Marios Pappoutis at the union’s annual general meeting on ...

Electricity tariffs will rise by three per cent from the next two-month billing period, Energy Minister George Papanastasiou confirmed on Saturday. Speaking before the the electricity authority’s scientific staff’...

Energy Minister Geroge Papanastasiou on Tuesday praised the “common political will” of his eight counterparts from the European Union’s other ‘Med9’ states to “promote a coherent green development strategy”. ...

All political parties as well as the government are backing the initiative, which started in 2021, to set up a new cooperative bank. Although there is still some way to go, ...

Cyprus is an “attractive gateway for energy investment”, Energy Minister George Papanastasiou said on Sunday. Speaking at the Capital Link Cyprus business forum in New York, he said the island ...

The electricity authority (EAC) has been given the clear go-ahead to upgrade the Dhekelia power plant with two new flexible generators and is in the process of evaluating tenders, Energy ...

Greece’s dependent transmission system operator Admie’s decision to temporarily suspend payments to French technology company Nexans for the manufacture and installation of submarine cables for the Great Sea ...

ExxonMobil’s drilling rig will start drilling in mid-January at the ‘Electra’ target, located in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ), for approximately one month, Energy Minister George Papanastasiou ...

Energy Minister George Papanastasiou was departing for Brussels on Sunday to attend the EU Council of Energy Ministers slated for Monday. On the sidelines of the Council, Papanastasiou will also ...

The floating storage and regasification unit (FSRU) Prometheus is expected to depart from Shanghai in a matter of hours, Energy Minister George Papanastasiou said on Friday. The FSRU will form ...

Internet influencers are to come under increasing scrutiny from the consumer protection service of the commerce ministry, it emerged on Friday. According to reports, the move was spelled out by ...

Energy Minister George Papanastasiou said on Friday that the aim is for Cyprus to become an export hub for liquefied natural gas, which will come from the deposits of the ...

Regular electricity bill payers will not subsidise the additional reduced rates paid by vulnerable groups, Energy Minister George Papanastasiou said on Saturday. Moving to address rumours that forthcoming increases in ...

Cyprus’ first natural gas extraction will most likely be from the Kronos reservoir in block 6, which may be in 2027, Energy Minister George Papanastasiou said in an interview to Kathimerini published ...

Cyprus’ and Israel’s Energy Ministers George Papanastasiou and Eli Kohen agreed on Wednesday to continue promoting joint energy projects, with the Great Sea Interconnector touted as a top priority ...

This week could prove critical for the development of the liquefied natural gas (LNG) terminal project at Vasiliko as Energy Minister George Papanastasiou prepares to meet with officials from CPP-Metron ...

Efforts are still ongoing to resolve the liquified natural gas (LNG) terminal dispute, Energy Minister George Papanastasiou said on Wednesday, stressing the government has not ruled out walking out of ...

A Mexican standoff: that probably best describes the ongoing escalating dispute between the government and the Chinese-led consortium with the contract the build the liquefied natural gas (LNG) terminal. And ...

Rich findings of natural gas have been found in Cronos 2, located in block 6 of Cyprus’ Exclusive Economic Zone (EEZ), Energy Minister George Papanastasiou announced on Saturday. According to the state ...

Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the remarks during the ...

Energy Minister George Papanastasiou on Tuesday spoke of “cautious optimism” regarding talks with energy giant Chevron over development of the Aphrodite offshore gas field. Without divulging details of the discussions – ...

A Special Purpose Vehicle (SPV) subsidiary, which will facilitate the possible entry of the Republic of Cyprus and other potential investors in the EuroAsia Interconnector project, is to be established ...