EMC 2021 . 2021 SEPT 14-16 . NICOSIA
CNA - Cyprus/NICOSIA 11/06/2020 20:31
European Investment Bank’s (EIB) Board of Directors has approved the amount of €150 million to fund the construction of a project which will allow the import of liquefied natural gas (LNG) in Cyprus, Natural Gas Public Company (DEFA) announced on Thursday.
In a press release DEFA says that the project will be implemented by Natural Gas Infrastructure Company of Cyprus (ETYFA).
In particular, the loan is of a duration of 20 years with a favourably low rate and will cover capital construction expenditure, the press release adds.
TUESDAY JUNE 9, 2020, 13:27
Greek Foreign Minister Nikos Dendias and his Italian counterpart Luigi Di Maio on Tuesday inked a maritime borders agreement delimiting an exclusive economic zone (EEZ) between the two countries.
The agreement, which was signed by the two foreign ministers during a visit by Di Maio to Athens and is an extension of a 1977 accord, paves the way for Greece and Italy to explore for and exploit marine resources.
It also paves the way for Greece to reach a similar deal with neighboring Albania.
“The delimitation of maritime zones with all of our neighbors in the context of international law is a consistent objective for this country,” Dendias said in comments after signing the agreement.
