TRANSPORTATION OF NATURAL GAS TO CYPRUS BY 2021
Cyprus Finally in The Implementation Stage to Allow the Transportation of Natural Gas to The Island by 2021
President of the Republic Nicos Anastasiades said Cyprus is finally in the implementation stage that will allow the transportation of natural gas to the island by 2021, the CNA reports.
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.
By Gold News
