Sending Cyprus gas to Egypt
Egypt desperately needs a major gas discovery to shore up its declining production
The submission of the updated development plan for the Aphrodite gasfield by Chevron at the beginning of ...
Our View: Finally something positive to say about LNG plant
The mending of relations between the government and the CPP-Metron Consortium Ltd (CMC), which has the contract for the construction and operation of the Vasiliko LNG terminal, is a positive ...
Cyprus ‘could generate electricity from natural gas by 2025’ (updated)
The island could generate electricity from natural gas by the middle of 2025, Energy Minister George Papanastasiou said on Tuesday giving an optimistic forecast on the progress of the liquefied natural ...
Chinese-led group to visit Vasiliko over stalled LNG plant
High-level officials from the Chinese-led consortium responsible for constructing the liquefied natural gas (LNG) terminal at Vasiliko are expected to visit within the week, according to Energy Minister George Papanastasiou.
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Meeting on LNG expected by end of this week
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 ...
Talks over LNG spat have ‘gotten nowhere’
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 ...
How natural gas could reduce electricity prices
Cyprus inability to benefit from LNG because of the Vasilikos debacle is proving to be costly
European gas prices have tumbled down to levels last seen before the crisis. The ...
Invoices ‘weaponised’ in ongoing LNG dispute
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 ...
Row over LNG contract escalates
The contractor behind the Vasiliko liquified natural gas (LNG) terminal should be “counting the days” before it receives a notice of termination, Energy Minister George Papanastasiou said on Tuesday.
His ...
Eni wins 2 blocks outright in Egypt oil and gas exploration round
Italy’s Eni ENI.SPA was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, ...
Chevron Australia LNG keeps up exports despite outage, strikes
Chevron’s two western Australian plants continued exports of liquefied natural gas (LNG) on Friday, despite a step-up in strikes and a fault at the Wheatstone plant that cut production ...
Chinese-led consortium adjusts LNG terminal timeline, aims for July 2024
The Chinese-led consortium with the contract to build a liquefied natural gas (LNG) terminal at Vasilikos have just filed a new timetable, promising to deliver the project by July 2024, the ...
Russia’s Putin approves departure of Arctic LNG 2’s first line to production site
Russian President Vladimir Putin approved Arctic LNG 2’s first line departure via the Northern Sea Route from the Murmansk region to its future production site on the Gydan peninsula, the ...
Argentina turns away Gunvor-chartered LNG tanker, citing sanctions
A tanker containing liquefied natural gas (LNG) that originated from a Russia supplier and was loaded onto a Gunvor Group-chartered <GGL.UL> vessel off the coast of France ...
Gas pipeline to Israel has attracted wave of interest says minister
Energy Minister George Papanastasiou on Tuesday said there has been a wave of interest in the proposed Israel-Cyprus pipeline that could offer cheap natural gas for electricity production on the ...
Turkey, gas and a knife-edge election
Turkey started natural gas production from its own massive Black Sea gasfield Sakarya on 20 April, less than three years after discovery. Sakarya is estimated to hold 710 billion cubic metres (bcm) ...
Minister explores options for expediting gas extraction
Energy Minister George Papanastasiou on Thursday floated the idea of importing natural gas quantities from reservoirs in Cyprus’ exclusive economic zone, to be used for power generation, coupled with exports ...
LNG project only 40 per cent complete
The completion date for the construction of a jetty to facilitate a floating LNG storage and regasification unit (Fsru) at Vasiliko is likely to be pushed back once again, Energy ...
New impetus for tardy LNG project
The recently-appointed energy minister George Papanastasiou seems to have injected a sense of purpose
Construction of a €300 million liquefied natural gas (LNG) import terminal at Vasilikos, plagued by a series ...
Completion of LNG project at Vasiliko delayed – yet again
After years of delays and shifting timetables, work has begun in Vasiliko for the construction of a jetty to facilitate a floating LNG storage and regasification unit (FSRU), but the ...
Construction of LNG jetty set to start
Following long delays, construction of the jetty for the liquefied natural gas (LNG) terminal at Vasilikos is to begin next week, it emerged on Tuesday.
The Joint Rescue Coordination Centre ...
Cyprus must address energy transition challenges to reap benefits
Cyprus Energy Regulatory Authority (CERA) chairman Andreas Poullikkas on Monday stated the energy transition, which primarily concerns the transition from fossil fuels to sustainable energy sources, while a necessary and ...
A difficult year for energy
With demand up and supplies lower, oil prices are expected to rise
If 2022 was a difficult year for energy, 2023 is expected to be even harder as the Russia-Ukraine war continues ...
Qatar seals 27-year LNG deal with China as competition heats up
QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest such LNG agreement to date as volatility drives buyers to seek long-term ...