Morning briefing · checked daily
What moved recently in Energy, Cyprus — every item with source and date. Researched and checked by Zeynah.
Energy
Energy Minister Michael Damianos told the finance committee that Admie puts its costs at €302 million while the regulator Cera recognises only €82 million; the navtex for seabed surveys is due before the end of October, with completion expected by 2031.
Source: Cyprus Mail · dated
Cyprus
Presenting the 2027 budget, Energy Minister Michalis Damianos said the government aims to award the tender for the pending works before summer 2027; it also plans to install 120 MW of storage capacity during 2027.
Source: Cyprus Mail · dated
Derived from the items above — not a forecast.
If seabed surveys resume, subsea cable, converter and grid-connection work for the Greece–Cyprus link moves closer.
The pending tender for the terminal's remaining works creates demand for construction, piping and plant services in Cyprus.