Cyprus puts team together to save gas agreement

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Cyprus puts team together to save gas agreement
 © KNEWS 2018
The Cyprus government is willing to renegotiate terms with an energy consortium, following concerns on the part of companies that worry new developments and low gas prices would render a current deal not profitable.

In a meeting on Tuesday at the Presidential Residence in Troodos, the cabinet decided to appoint a task force committee to renegotiate contract terms with energy companies Noble, Delek, and Shell.

The companies recently expressed concern that the current agreement with the Republic of Cyprus was not profitable, citing ongoing low selling prices of...


This article was automatically added to our system 21-8-2018

Cyprus puts team together to save gas agreement


The contents of this article including any associated images are © KNEWS 2018
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