Friday, August 22, 2014

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News - Cyprus

Displaying 1 - 10 of 155 articles

Exclusive: Minister Lakkotrypis Reveals Names of New Cypriot Fields

Cyprus is impatiently awaiting the commencement of further exploratory drilling in its Exclusive Economic Zone. Successful encounters would allow the construction of an onshore LNG terminal in Cyprus’ coastal Vassilikos area and will bring the island closer to its energy hub ambition. Cyprus’...

CNOOC in Aphrodite: Boosting Cypriot Hopes

Recent news that China National Offshore Oil Corp. (CNOOC) is negotiating to buy a 30-40% interest in Block 12 of Cyprus' Aphrodite gas field may be a real shot in the arm for the natural gas industry in Cyprus, according to Charles Ellinas, CEO at ECP Cyprus National Hydrocarbons Company Ltd. “It's...

Cyprus' Minister of Energy Meets with Commissioner Oettinger During Brussels Visit

Natural Gas Europe had the pleasure to meet with the Minister of Energy of Cyprus Yiorgos Lakkotrypis in his office in Nicosia to discuss the natural gas developments in Cyprus, Cyprus' export options, its collaboration with its Eastern Mediterranean neighbours on energy matters, how the gas reserves...

East Med Not a Solution for European Energy Security, Says Expert

Natural Gas Europe had the pleasure of speaking with Sohbet Karbuz, Director of the Hydrocarbons division at Observatoire Mediterraneen de l’Energie (an energy industry association). We spoke about the coming Italian presidency of the Council of the European Union, E&P activities in the Mediterranean...

EU Energy Ministers Discuss Energy Diversification Options

The recent events in Crimea have reminded Europe of the pressing need to diversify the sources of supply. The EU net imports of natural gas are expected to remain stable and then slightly increase to reach about 340-350 bcm by 2025-2030, thus its need to find new sources of energy including in the...

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