5 Minute News

Interest from Energy Giants in Cyprus's EEZ and Energy Strategy

November 19, 2025

President Nicos Christodoulides announced the interest of energy giants in operating within Cyprus's Exclusive Economic Zone (EEZ). He will visit Lebanon on November 26 for discussions about energy planning. The government's strategy focuses on ensuring electricity adequacy and affordable prices. The importance of Renewable Energy Sources and energy interconnections is highlighted. The President also announced plans for grants for energy storage systems.