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Tag Archives: Cyprus

Cyprus to go ahead with 3rd gas exploration licensing round

NICOSIA, Cyprus (AP) — Cyprus’ government says it will push ahead with a third licensing round to search for potential natural gas deposits off the Mediterranean island nation’s southern shores. Government spokesman Nicos Christodoulides said Tuesday the process will begin as soon as possible, but offered no further details. U.S. company Noble Energy, which received an exploration license in 2007, discovered ...

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Cyprus ends tender for medium-term gas supply

NICOSIA, Cyprus (AP) — Cyprus’ Natural Gas Co. says it has ended a two-year bid to find suppliers of natural gas to fire up the east Mediterranean island’s main power plant. The company, or DEFA, said in brief statement Monday that it was “unable to agree terms” for the supply of gas with any bidder. It said bidders have been ...

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Let’s develop Leviathan and Aphrodite together

Cyprus is interested in developing the Aphrodite gas field together with the Leviathan gas field but cannot wait for Israel, if the delays continue, Cypriot Minister of Energy, Commerce, and Tourism Georgios Lakkotrypis told “Globes” in an exclusive interview. Lakkotrypis revealed that next month there will be a decision on whether the Aphrodite field extends under Israel’s economic waters and ...

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Cypriot Energy Minister denies gas dispute with Israel

Cypriot Minister of Energy, Commerce, Industry & Tourism Georgios Lakkotrypis is denying a report by “Globes” two days ago that disagreements between Israel and Cyprus were delaying development of the Aphrodite natural gas reservoir. According to Cypriot press reports, Lakkotrypis said that only two weeks ago, he spoke on the phone with Israel’s Minister of National Infrastructure, Energy, and Water ...

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Cyprus, Total near agreement to extend offshore gas search

France’s Total is close to extending an offshore natural gas exploration program in Cyprus after coming up empty in prior surveys, the island’s energy minister said on Monday. Cyprus, a member of the European Union, has become particularly keen to develop offshore gas reserves as a potential source of revenue since it was compelled to seek an international financial bailout ...

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Cyprus eyes gas exports to Egypt via pipeline

Egypt on screen

NICOSIA, Nov 25 – Cyprus and Egypt agreed on Tuesday to accelerate talks on the potential export of Cypriot gas to Egypt, once the resources come on line. Cyprus discovered natural gas offshore in late 2011, while once gas-rich Egypt has turned into a net importer from an exporter in recent years. “Egypt has a very huge (natural gas) infrastructure ...

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‘Israel gas deal will save Jordan JD700m annually’

Mohammad Ghazal | The Jordan Times (Amman, Jordan) AMMAN — The government said Thursday the state-owned National Electric Power Company (NEPCO) is expected to buy 250-300 million cubic feet per day of natural gas from Noble Energy, which experts said will save around JD700 million annually of the energy bill. Minister of Energy and Mineral Resources Mohammad Hamed said Thursday ...

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Cyprus official: Egypt, Jordan interested in gas

cyprus

NICOSIA, Cyprus (AP) — Cyprus’ energy minister says Egypt and Jordan are interested in buying natural gas from the Mediterranean island nation to meet their domestic needs. Cyprus’ priority is to build an onshore facility to liquefy gas for export to Europe and elsewhere, but Energy Minister Yiorgos Lakkotrypis said Thursday that Jordan and Egypt also are potential customers. The ...

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Cyprus seen potential new gas conduit for Europe

euro

NICOSIA, Cyprus (AP) — Cyprus’ president says other European Union countries recognize the Mediterranean island nation’s potential to become a new conduit for natural gas to the continent. Nicos Anastasiades said after an EU summit in Brussels on Friday that Cyprus can play a key role in the bloc’s plans to diversify its energy sources and lessen its heavy reliance ...

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Cypriot President says gas find may help resolve island’s division

anastasiades

NICOSIA (Reuters) – President Nicos Anastasiades said discovery of natural gas around Cyprus could galvanize international efforts to resolve a long-standing division of the island and smooth development of an alternative energy supply source to Russia. But he said it was too early to speak of tangible progress in recently relaunched peace talks on the ethnically split island. Deep differences ...

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