natural gas
Cyprus
Turkish Cypriots Fume at Being 'Disregarded' from Gas Finds
Cyprus should not be able to undertake natural gas exploration without the support of Turkish Cypriots, it was claimed on Monday.
Kudret Ozersay, a minister in the northern Cyprus administration, said "unilateral" activities in the Mediterranean could not go on...
Energy
Greece, Cyprus, Italy, Israel, EU to Sign on Gas Pipeline Development
A memorandum of understanding (MOU) for the construction of the world’s longest underwater natural gas pipeline is to be signed by the the energy ministers of Israel, Cyprus, Greece, Italy and the European Union on Tuesday.
The MOU, to be signed...
Economy
Final Bids for Greek Gas Grid Sale Expected by Year's End
The Greek government wants to get binding offers from investors shortlisted for a 66% stake in state-controlled natural gas grid DESFA by the end of the year, two sources close to the process said on Wednesday.
Under the terms of...
Cyprus
Cyprus Natural Gas Exploration 'Going as Planned'
The Cypriot government announced on Monday that the natural gas exploration was going as planned, with results expected in the autumn.
“What I can tell you with certainty is that everything is going as planned,” government spokesman Nicos Christodoulides told...
Business
Israel's Oil Refineries in Discussions to Possibly Buy Gas from Greece's Energean
On Sunday Israel's Oil Refineries (ORL) announced it is engaging in discussions to buy 17 billion cubic meters of natural gas from the Greek exploration and production firm Energean, for an undisclosed price, Reuters reported.
ORL is negotiating non-binding memorandums...
Cyprus
Cyprus' FM: The Natural Resources of Cyprus Belong to the Cypriot People
The natural resources of Cyprus belong to the Cypriot people, the Ministry of Foreign Affairs of the Republic of Cyprus said in the following statement:
"With reference to the press release, No: 228, issued by the Turkish Ministry of Foreign...
Cyprus
Cyprus Plays Down Tension With Turkey, Calls for Calmness
The Cypriot government has called for calmness and has played down tensions with Turkey over the drilling for natural gas dispute in the eastern Mediterranean.
Nicosia’s plea comes at a day when, according to reports, Turkey has sent its seismic...
Cyprus
Turkey Warns Cyprus Νot to Τake Unilateral Steps on Energy
Turkish President Tayyip Erdogan warned it was unacceptable that some energy companies were taking part in what he called irresponsible measures by Greek Cypriots.
"It is impossible to appreciate that some energy companies are acting with, and becoming part of...
Energy
Greece's Energean Expands Services to Israel
Greece's Energean Oil and Gas S.A. is engaged in the exploration and production of Oil and Gas in the Mediterranean and North Africa. As of Sunday May 28, they have expanded their production services to the country of Israel.
Energean...
Energy
Greece Could Benefit From Putin-Erdogan Gas Pipeline Deal
Russia and Turkey have concluded a deal to resume construction of the Turkish Stream natural gas pipeline, according to TASS news agency.
Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan signed the deal in Istanbul on Monday. In...