News Local Cyprus in implementation stage to allow transportation of natural gas by 2021

Cyprus in implementation stage to allow transportation of natural gas by 2021

President Nicos Anastasiades said Cyprus is finally in the implementation stage that will allow the transportation of natural gas to the island by 2021.

Presenting the Cyprus Regulatory Authority for Energy (CERA) report to the President, CERA chairman Andreas Poullikas expressed concern over the delay in the arrival of the natural gas.

Referring to the CERA reports which indicate that between 2022-2024 there will be a shortage in the contractual output of around 600 MW, Poullikas said that this shortage is expected to be covered by the licensed conventional producers to date, while they expect another 300 MW of renewable energy in the next one to two years.

The CERA annual report contains the annual report of the Cyprus Transmission System Operator of Electrical Energy. Poullikas said CERA’s purpose is to regulate the electricity and gas markets and that for 2018, work on energy reform in the European framework of the energy union continued. The reform framework for the electricity market is to fully align Cyprus with the EU target model, namely the new competitive market.

The Cyprus Regulatory Authority for Energy (CERA) in accordance with the Natural Gas Market Law Regulation, has the responsibility to promote the development of an economically robust and efficient gas market and to ensure safety, continuity in the provision, Quality and efficiency in the supply of natural gas.

Regarding electricity supply in Cyprus, Poulikkas said that 1500 MW of conventional technology and 300 MW of renewable energy have been installed. CERA, he said, has been tasked with two annual adequacy studies, which have shown that between 2022 and 2024 a contractual deficit of about 600 MW is expected. The reason, he explained, is the increase in demand that is reasonable and the withdrawal of six steam turbines from the power plant in Dhekelia.

Regarding the local electricity market, Poulikkas said that all necessary steps have been taken to harmonise Cyprus with the EU target model.

On his part, President Anastasiades expressed complete satisfaction with the work that CERA is doing. One project which – despite bureaucratic delays and delays due to procedural and other reasons, is in the process of securing market liberalization and gas flow, creating conditions so as to be more dependent on RES. and not by cost-cutting or even polluting technologies. ”

He assured that regarding the advent of gas, “we are now definitively implementing a decision that will allow us to achieve by the year 2021, at least on the basis of the offers before us” the goal.

(Cyprus News Agency)

Top Stories

162 new cases, five deaths announced on Monday

The Health Ministry announced the death of five persons due to COVID-19. This raises the death toll from the virus in Cyprus to 175,...

Where to get antigen rapid tests on Tuesday

The Health Ministry announced the following antigen rapid test sites for Tuesday, 19 January 2021: LIMASSOL Apostle Loucas Church, Agios Athanasios 08:30-16:30 Agios Stylianos Church, Linopetra 08:30-16:30 Cultural...

Searches for 70 year old woman missing at sea suspended due to bad weather

Searches to find a 70 year old woman missing off the Phiikoudes beach in Larnaca have been suspended due to extremely bad weather conditions...

Tourist arrivals plunge by 84% in 2020 in one of Cyprus’ worst tourist seasons due to Covid

Tourist arrivals in Cyprus reached a mere 631,609 plunging by 84.1% year on year in one of the worst ever season for Cyprus’ tourist...

Germany demands release of Kremlin critic Navalny

Germany on Monday demanded the release of Kremlin critic Alexei Navalny, detained on Sunday on his return to Russia, and said it would discuss...


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...