C. Hadjistassou comments on energy matters incl. natural gas, oil, renewables, energy savings, climate change, marine matters & technology research topics.
An image that attracted attention from the #French protests depicts a man with a cross stating that "Love will prevail" while on the #gas pump it reads: "They're ripping you off!" #Energy prices are at the heart of people's outrage!
It is inconceivable for #Cyprus to have the Aphrodite gas field lying offshore #Cyprus with 3 gas wells and gas in place of 4.2tcf and yet plan to import #LNG via the Vasilikos FRSU. It is time to urgently rethink the island's #energy policy. Let Aphrodite emerge from the waves!
Worth clarifying that #diesel, at 2€/L, in #cyprus includes: crude oil cost (0.8€/L), refining (0.16€/L), transport & logistics (0.08€/L), trading & distribution (0.2€/L) plus fuel tax & VAT (0.75€/L). Overall, taxes equate into 78% of Brent + refining costs! Worrisome?
Μπορεί το Great Sea Interconnector να μειώσει το κόστος ηλεκτρισμού στην Κύπρο;
Η π��ρουσίαση μας εξετάζει τον #GSI, τη σχεδιαζόμενη ηλεκτρική διασύνδεση Κύπρου και Κρήτης, και κατά πόσο μπορεί να συμβάλει στη μείωση του #cost #electricity στην #cyprus: https://t.co/eJEAN5zpLd
By some estimates the cost of droughts in #Europe in 2026 amounts to 50bn euros. It affected #agriculture, #power generation, #trade, #air-conditioning, work conditions, transport & productivity to name a few facets. Brace for a mild winter due to #Elnino
Foot-and-mouth disease (αφθώδης πυρετός) has taken a heavy toll on #Cyprus: farmers lost their livelihoods, livestock numbers fell sharply, and Halloumi exports suffered. Many farmers now face the reality of never rebuilding their herds.
By some estimates #kuwait and #qatar are loosing each some $8bn a month owing to the restricted exports of #oil and #LNG from the straight of #Hormuz. Indeed a major blow to 2 US allies in the Gulf region.
Will the #accelerateEU package lower #energy prices in Europe, strengthen resilience, mitigate energy #poverty, boost locally produced #renewable energy and catalyse progress towards energy independence? Coordinated efforts, a vision and large investments will be needed.
Join us for an online talk today 16/4, @ 10:00am (Cy time). Ms Sharanik will undertake her doctoral defense. Topics include arsenic contamination in #Cyprus aquifers. We will also demystify the #NordStream gas leak. https://t.co/wU47690PZS; Mtg #/pass: 27913929013, JDe4AWxaK85
It became headlines today that #gasoline and #diesel prices in #cyprus rank in the lower 20s in the #EU. Think that on the island most of the people use their own #vehicles. Hence, fuel costs amount to about 10% of the montly salary which is about 1500 euros. High taxes hurt!
Solidarity among countries rests on coordinated efforts to release strategic #oil#stocks. But some states have imposed export bans and others are hoarding large volumes of #oilandgas. Hopefully, common sense will prevail in the face of the #energy#crisis.
Good news for Cyprus as @exxonmobil declares Glaucus and Pegasus #gas fields commercial jointly holding 7tcf. Together with @eni discoveries near Eratosthenes, a joint development would be the way to go, for #energy#Security in Europe and the region.
Συζήτηση στον Άλφα Κύπρου σχετικά με το Great Sea Interconnector, την δυστοκία που παρατηρείται για την υλοποίηση του έργου και τις διαμετρικά αντίθετες αντιλήψεις που επικρατούν αναφορικά με την βιωσιμότητα του καλωδίου #Cyprus-#Greece:
https://t.co/hjzmuumXCx
#power#energy
Our farewell to @GePapanastasiou as he steps down from #Cyprus Ministry of #Energy. Many challenges lie ahead for @MichaelDamianos who took over. Some of them comprise: the Vasilikos FSRU, #Battery storage, developing Aphrodite & Kronos #natgas fields & energy transition. @cyMECI
The #EU to ban import of #Russian#natgas & #oil by Sept. 30, 2027. #Putin hardly envisioned such an economic blow. Neither #Germany which has the highest #energy prices among industrialised countries. Will #renewables address the energy price discrepancy with the US? Stay tuned!
Did you know that #Greece still buys #natgas from #Russia? Supposedly this gas supply will end by 2027 when the #EU will phase-out Russian gas. #Cyprus could supply Greece with LNG via #Egypt from the Cronos gas field when developed end of 2027.
After almost 15 years from the discovery of #natgas, #Cyprus led by #eni will develop its first offshore gas field-- cronos-- which will be sourced to #Egypt. Great news! Waiting for the FID decision from the operator.
The launching of the #competive#electricity#market in #Cyprus is a step closer to lowering power prices on the island by introducing more competition & options for consumers and businesses alike. Contracts for difference do more good than marginal cost pricing.