Government seeking extra funding for beleaguered LNG plant
The government on Monday revealed it is asking for an extra €70 million to complete works at the liquefied natural gas (LNG) terminal at Vasiliko, a project plagued by delays and ...
Cyprus and Egypt to sign key natural gas agreements
Cyprus and Egypt are set to sign two major agreements on natural gas commercialisation next Monday in Cairo, marking a significant milestone for energy cooperation between the two nations. Cypriot ...
Government may terminate LNG terminal contract
Energy Minister George Papanastasiou hinted Thursday the government may terminate the contract with the CPP consortium with the contract to build the liquefied natural gas (LNG) terminal at Vasiliko.
His ...
Taxpayers will pay the cost of LNG debacle
Terminal at Vasiliko started under a cloud of suspicion and has just got worse
The writing was on the wall even before the contract for the liquified national gas (LNG) ...
‘Paying for sins of the past’: trouble with LNG terminal
Energy Minister George Papanastasiou on Wednesday sought to ease concerns of a multi-million euro arbitration cost the government may be forced to pay out, amid a halt in the construction ...
From Russia to Cyprus: the geopolitical and geoeconomic risks that burden gas pipelines
Cyprus LNG plant vs the East Med pipeline in the context of Greek-Turkish and geopolitical tensions
By Panayiotis Tilliros
According to John Mearsheimer, the eminent American international relations scholar, “what ...
Energy ministry denies claims of buried chemicals at LNG site
The energy ministry on Wednesday denied that buried chemicals would further delay the construction of the LNG terminal at Vasiliko, saying that the area was cleaned up by May 2020 at ...
Radical new choices may be needed for LNG imports
The current project has a long, and likely tortuous, way to go
This is further to my article in the Cyprus Mail last Sunday. Since then, the debate over the ...