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Turkish companies show interest in supply of energy from Cyprus, President indicates
By: Admin - 26 August 2014 - 0 Comments

Turkish companies in the energy field have sounded out Cyprus in relation to the supply of natural gas from the Republic`s exclusive economic zone, President Nicos Anastasiades has told the Greek language daily Alithia. [...]

Negotiations with ENI / KOGAS and Total E & P Cyprus on LNG Terminal to begin
By: Admin - 23 August 2014 - 0 Comments

The Council of Ministers has decided that negotiations must begin immediately with the Italian-Korean consortium ENI / KOGAS and the French Total E & P Cyprus on building a terminal for liquefied natural gas [...]

Talks with Egypt on potential natural gas sale after ENI-KOGAS drilling results
By: Admin - 21 August 2014 - 0 Comments

NICOSIA will enter into concrete talks with Cairo over a possible natural gas sale to Egypt after the first results of the exploration activity by ENI-KOGAS in Cypriot offshore blocks 2,3 and 9, Cyprus [...]

New products and valuable conference sessions at Intermodal Europe 2014
By: Admin - 20 August 2014 - 0 Comments

Over 130 exhibitors will showcase their latest products and services for the container transport and logistics industry at Intermodal Europe 2014, alongside a full conference programme,from 11-13 November at the Rotterdam Ahoy. “Intermodal Europe is [...]

Lakkotrypis in Egypt for talks on hydrocarbons
By: Admin - 19 August 2014 - 0 Comments

By Staff Reporter Energy Minister Yiorgos Lakkotrypis flew to Cairo on Monday for talks with Egyptian counterparts in what he said is the first of series of visits to different countries to discuss the [...]

The new state of play as Cyprus preps for more gas drills
By: Admin - 17 August 2014 - 0 Comments

By Constantinos Hadjistassou IT’S BEEN TWO and a half years since the official announcement of the discovery of natural gas in offshore Block 12, and a great deal has changed here in Cyprus, in [...]

Update With Regards to Extension of Public Tender for the Supply of Natural Gas to Cyprus
By: Admin - 12 August 2014 - 0 Comments

Tel Aviv, Tuesday August 12, 2014. Further to the proposal submitted for the supply of natural gas through pipelines from the Leviathan project (the “bid”) within a framework that was published by the Government [...]

Possible Delek pull back over interim gas supply
By: Admin - 07 August 2014 - 0 Comments

By Elias Hazou ISRAEL’S Delek group, a strong contender for supplying Cyprus with natural gas, may now have to take a backseat to other bidders due to complications in its Israel operations. The tender [...]

Cyprus still at risk of default, Moody’s says
By: Admin - 06 August 2014 - 0 Comments

Cyprus has an “elevated risk of default in the medium-term” Moody’s ratings agency said on Wednesday, despite the island’s good performance in the bailout adjustment programme. The rating agency said the main challenge facing [...]

Turkey rules out buying gas from Israel, for now
By: Admin - 05 August 2014 - 0 Comments

Turkish Minister of Energy Taner Yıldız: The deal has become politically inconceivable. Israel’s incursion into the Gaza Strip has resulted in the freezing of progress on a deal to sell Israeli gas to Turkey, [...]

Preliminary deal signed with ENI-KOGAS
By: Admin - 31 July 2014 - 0 Comments

By Elias Hazou THE government on Wednesday signed a preliminary agreement in Nicosia with an Italian-South Korean joint venture on exploring the development of natural gas offshore Cyprus. In a statement, the energy ministry [...]

Noble Energy delays $6b Leviathan investment
By: Admin - 31 July 2014 - 0 Comments

The final investment decision is now expected only in 2015. US company Noble Energy Inc. (NYSE: NBL) is delaying its decision on a $6 billion investment in development of the Leviathan natural gas reservoir [...]

NATGAS: Cyprus and Eni/KOGAS sign MoU for LNG valorisation
By: Admin - 30 July 2014 - 0 Comments

The Cyprus government and representatives of the Eni/KOGAS joint venture signed a memorandum of understanding (MoU) in Nicosia on Wednesday aimed at investigating areas of cooperation related to Cyprus potential gas resources valorisation, with [...]

DEFA invites bidders for gas supply
By: Admin - 25 July 2014 - 0 Comments

The Natural Gas Public Company (DEFA) announced on Thursday it had invited a number of bidders for negotiations for the supply of natural gas. It followed the evaluation of the commercial and financial parts [...]

Energy Minister: Necessary to modernise businesses
By: Admin - 24 July 2014 - 0 Comments

Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis has pointed out the necessity to modernise Cypriot businesses, so that they may become competitive and survive. Addressing the annual general meeting of the Paphos [...]