Cyprus–Greece relations

A United Nations official said on Tuesday that her experience in negotiating an end to decades of conflict in her native Colombia may help her as she seeks to rekindle talks over Cyprus' ethnic division.

The drilling by Italian energy giant ENI in the Cronos-2 field in Block 6 of Cyprus' exclusive economic zone (EEZ) appears to have discovered another natural gas reservoir, with sources telling the Cyprus News Agency that gas flaring was successfully carried out on Thursday.

Greece is on the "front line of energy-related investments," Deputy Energy Minister Alexandra Sdoukou said at the Greek House Davos Forum in Switzerland on Monday.

The Bulgaria-Greece gas interconnector project marks a successful year of operation, transporting over 15.5 million MWh in 2023 without any disruption, reported IGB.

The construction of the cable section of the first leg of the Greece-Cyprus-Israel interconnection (the Crete-Cyprus interconnection) began with the order Nexans got from Greece's Independent Power Transmission Operator (IPTO), responsible for the project, to "reserve" the necessary slot for the production of cables and to start relevant procedures.

The consortium licensed for Cyprus' "Aphrodite" gas field will update the development and production plan of the field by March 31, as announced by the minister of Energy, Commerce and Industry, George Papanastasiou. He pointed out that a floating production unit (FPU) above the gas field would be an essential plan of the new agreement.

The much-anticipated launch of the Bulgaria-Serbia Interconnector (IBS) witnessed a significant ceremony graced by the presence of Presidents Rumen Radev and Aleksandar Vucic from both nations. Celebrating this milestone, the interconnector spans a total length of 170 kilometers, with 62 kilometers traversing Bulgarian terrain and linking the town of Novi Iskar in Bulgaria to Nis in Serbia.

Construction of a €1.9 billion-euro section of an electricity cable that will connect the power grids of Greece and Cyprus is slated to begin in the new year, officials said Thursday.

An eventual extension of the renamed Great Sea Interconnector is planned to connect Israel's power grid as well.

The Greek Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus, an official Friday. The field is estimated to hold 4.2 trillion cubic feet of gas.

The Cyprus government and US energy company Chevron have successfully concluded negotiations on the development of the Aphrodite gas field, marking a significant breakthrough, according to a report by The Associated Press. 

The Aphrodite gas field, the first to be discovered beneath the seafloor off Cyprus, is estimated to hold 4.2 trillion cubic feet of gas.