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Nicosia. Most of Cyprus' energy is powered by oil and petroleum products (Photo: Kyriakos)

EU to pump €101m into Cyprus gas network

The European Union is going to pump €101m into a project aimed at hooking Cyprus up to natural gas, as part of the so-called Southern Gas Corridor, it announced on Thursday (25 January).

According to the European Commission, member states agreed on Thursday to invest €873m overall in energy infrastructure, including around €200m in natural gas projects.

The CyprusGas2EU project "will end the current energy isolation" of Cyprus, a member of the bloc since 2004.

Cyprus relies ...

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