x

Politics

East Med Aside, Cyprus Sees LNG Gateway Role for Europe’s Energy

NICOSIA – Cyprus’ new government is not pushing for the stalled East Med pipeline to connect energy resources to mainland Greece via the island and Crete, now wanting to be a conduit for Liquefied Natural Gas instead.

The plan is to use a pipeline to carry natural gas from fields in the Eastern Mediterranean to the island for domestic use and an LNG facility to process for European markets, said President Nikos Christodoulides said.

“Through this facility, natural gas from the Eastern Mediterranean region can be liquefied in Cyprus and transported by LNG carriers to the European markets, thus creating an East Med corridor of gas supply to Europe,” Christodoulides told a workshop of industry stakeholders in Nicosia, said Reuters.

https://www.reuters.com/article/cyprus-energy-idAFL8N37Q14X

The seas in the region have yielded some of the largest natural gas discoveries in the past decade. Cyprus reported its first natural gas discovery in 2011, though it has yet to enter production, the report noted.

Plans for a 2,000 kilometer (1,243 mile) pipeline to take Eastern Mediterranean gas to Europe had been under discussion for about a decade but the so-called East Med idea was set back when the United States pulled back on its support.

RELATED

NICOSIA - Ambitious plans to restore and reopen the abandoned Varosha resort on the Turkish-Cypriot occupied side of the island invaded by Turkey in 1974 could cost at least $10 billion, said the Turkish newspaper Sozcu.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

It’s Not as World-Famous as Ramen or Sushi. But the Humble Onigiri is Soul Food in Japan

TOKYO (AP) — The word “onigiri” became part of the Oxford English Dictionary this year, proof that the humble sticky-rice ball and mainstay of Japanese food has entered the global lexicon.

NEW JERSEY – The Hellenic Federation of New Jersey held its 11th Annual Awards Gala on June 23 at the Greek-owned catering hall The Graycliff.

LEIPZIG, Germany  — Italy substitute Mattia Zaccagni scored in the last minute of stoppage time for Italy to advance to the knockout stage of the European Championship after drawing Croatia 1-1 on Monday.

DUESSELDORF, Germany  — Spain changed almost its entire lineup and still kept up its victorious start to the European Championship with a 1-0 win over Albania, which was eliminated on Monday.

ATHENS, Greece  — Greece on Monday accused neighboring North Macedonia’s new center-right government of breaking a historic deal on the country’s name, warning that this could harm its hopes of one day joining the European Union.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.