Politics · Cyprus

MPs express concern over electricity adequacy in Cyprus by 2030 due to Vasilikos.

5 sourcesFirst reported 19 days agoUpdated 19 days ago

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MPs in Cyprus expressed strong concerns regarding electricity adequacy by 2030, highlighting issues related to the incomplete project at the Vasilikos terminal.
The warning came during a closed-door session of the House Audit Committee, where the General Auditor's report was discussed.
There are significant worries that government actions may not mitigate potential electricity shortages in the future.
Opposition politicians are calling on the government to take prompt action to address these energy supply issues.
The discussions coincide with an ongoing judicial process, which has caused confidentiality during the committee meeting.

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On July 2, 2026, members of the Cypriot Parliament expressed significant concerns about the country's electricity supply after 2030 during a closed session of the House audit committee. The discussions were prompted by a report on the government's handling of the natural gas terminal project at Vasilikos. Opposition MPs warned that without timely action, Cyprus may face an electricity shortfall due to delays in the project's completion and ongoing government mismanagement.

The MPs highlighted that insufficient progress on the Vasilikos project could jeopardize the country’s energy security, urging the government to take immediate steps to address the situation. The discussions come in light of an ongoing judicial process related to the project's development, adding urgency to the matter. Lawmakers are calling for a reassessment of the current strategies and execution plans to ensure reliability in electricity supply in the coming years.

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MPs express concern over electricity adequacy in Cyprus by 2030 due to Vasilikos.

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