Tales from the Coffeeshop: How not to become a regional energy hub

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Tales from the Coffeeshop: How not to become a...
 © CyprusMail 2020
ANOTHER attempt to buy gas for the Electricity Authority’s power stations flopped spectacularly, as the government cancelled the tender for an interim gas supplier last Sunday. It was the third tender procedure in five years that was not concluded, giving our Natural Gas Public Company DEFA a perfect hundred per cent failure record.

DEFA was set up eight years ago as Kyproulla’s natural gas monopoly. A decree by the Council of Ministers appointed it the sole importer and distributor of natural gas on the island. It is probably the only absolute monopoly...


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Tales from the Coffeeshop: How not to become a regional energy hub


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Article Tags: tales, coffeeshop, become, regional, energy,