|
|
|
Cyprus News Agency: News in English, 13-09-15
CONTENTS
[01] President does not reject any proposal submitted on natural gas
supply
[01] President does not reject any proposal submitted on natural gas
supply
Cyprus President Nicos Anastasiades said Sunday he does not reject any
proposal for natural gas supply that would lead to significantly lower
electricity prices.
The President's comments came following an announcement of the Cyprus
Natural Gas Public Company (DEFA) that it terminated negotiations
Russian Itera, the selected company to supply Cyprus with natural gas for
electricity generation, in what has been called as "interim solution"
until the extraction of natural gas discovered in Cyprus` EEZ. DEFA
awaited Itera to submit a new proposal as its initial one was rejected
as not unprofitable. However the Russian did not attend a scheduled
meeting with DEFA last week and the DEFA Board decided to terminate the
negotiations with Itera.
"We do not reject any proposal that has been submitted with regard to the
interim solution on natural gas with a view to securing the significant
reduction of the electricity bill," Anastasiades said speaking to
reporters at the sidelines of unveiling ceremony of the bust for the
hero Stavros Stylianidis in Episkopio.
|
