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Tag: Fuel

8% reduction in the price of electricity

8% reduction in the price of electricity

02/03/2015 admin
A new price reduction, of around 8%, was announced by the Electricity Authority Cyprus (EAC), recording an overall decrease of 15% in the past two months due to lower fuel costs. However, after announ... Read More
Fuel prices not as low as they should have been

Fuel prices not as low as they should have been

16/12/2014 admin
Even though the fuel prices in Cyprus have recently dropped, they still not as low as they should have been. According to today’s issue of Phileleftheros newspaper, the crude oil price has decre... Read More
Record increases in fuel & electricity prices

Record increases in fuel & electricity prices

17/04/2011 admin
The president of the Fuel Station Owner Association Stefanos Stefanou said that the prices of fuel have increased by 33% in just one year and that for the first time the price of diesel surpassed the ... Read More
Further increases in consumer product prices

Further increases in consumer product prices

07/02/2011 admin
If the 5% VAT that was added in January to food and medicine was not enough, prepare for more increases in consumer products.... Read More
Cypriot build pipe-line to link Israel and Egypt

Cypriot build pipe-line to link Israel and Egypt

06/02/2011 admin
Limassol based company was selected to build an 86km pipe line will carry natural gas that was discovered 70km off the shores of Egypt to the countries inland.... Read More
Liquefied natural gas: ‘the scandal of the century’

Liquefied natural gas: ‘the scandal of the century’

05/01/201105/01/2011 admin
The government needs to open its horizons and look at all options on the table or else Cyprus could end up paying billions more than it has to for the supply of natural gas, opposition DISY leader Nic... Read More
Cyprus to license offshore oil and gas search

Cyprus to license offshore oil and gas search

04/01/2011 admin
A top Cyprus energy official said Tuesday that the Mediterranean island will go ahead with a second licensing round for offshore oil and gas exploration later this year in a move that could stoke tens... Read More

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