East Med Gas commercial prospects and more

Exactly what will the Vasilikos LNG terminal mean for Cyprus? That question was answered by Nicos Kouyialis, Minister of Natural Resources and Environment, Cyprus, at the Frankfurt Gas Forum in a session dedicated to the commercial prospects and geopolitical risks of Eastern Mediterranean deep offshore gas. “Of course we’d like to see Cyprus become an […]

The Discovery of Hydrocarbons in Eastern Mediterranean Basin – An Opportunity for Regional Cooperation

After the successful completion of the GEF E&P Event: The Discovery of Hydrocarbons in Eastern Mediterranean Basin – An Opportunity for Regional Cooperation, which took place on the 13th of February, the GEF Organising Committee would like to thank our distinguished guest speakers Mr. Nicos Kouyialis – Minister of Agriculture, Natural Resources and Environment of the Republic of Cyprus […]

China eyes stake in Cyprus gas plan

China is looking at playing a role in Cyprus’ multibillion-dollar plans to develop the island’s natural gas reserves, including possible investment in a liquefied natural gas (LNG) export terminal. Cyprus hopes to attract large investors to take a stake in its gas fields, an option which a Chinese delegation is in Cyprus to discuss. “There […]

ENI, Cyprus to Sign LNG MOU

The Cypriot minister of Energy Yiorgos Lakkotrypis met with the high management of ENI in order to finalise an MOU agreement for the participation of ENI in the island’s LNG project. A similar document was previously signed with Total and Noble and Total. Cyprus’ multi-billion dollar LNG plant would allow the island the flexibility needed […]

Cyprus’ Role in East Med: Plan A and Plan B

Cyprus still harbors big hopes for the installation of an LNG plant at Vasilikos, according to Charles Ellinas, until recently Executive President, Cyprus National Hydrocarbons Company, but his country’s role in the Eastern Mediterranean natural gas context may be receding. Mr. Ellinas offered an exclusive interview on those plans to Natural Gas Europe at the European Gas […]