Connecting Europe announced on January 25 that it will support the
introduction of natural gas in Cyprus through the CyprusGas2EU project,
with a grant of €101 MM.
The grant will help end the present energy isolation of Cyprus, bring
diversification to a region dominated by a single source of supply, and help
reduce air pollution and emissions by allowing a switch from heavy fuel
oil to gas for power generation. It will also improve energy security and price
competitiveness.
Read the full press release from the European Commission here.
