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Home News articles CYnergy project published in newspaper Simerini!

CYnergy project published in newspaper Simerini!

14 May 2018Ocean Finance

The project CYnergy co-funded by European Union under Connecting Europe Facility SYNERGY Transport and Energy Call represented by Dr. Panayotis Zacharioudakis CYnergy’s Project Coordinator in Simerini Newspaper!

CYnergy project takes as a focal point a floating LNG Facility to be developed in Cyprus and aims at developing a comprehensive strategy for the introduction and use of natural gas by the sectors of transport and energy in Cyprus.

The Action CYnergy, coordinated by Ocean Finance is published in the newspaper Simerini in the section “Energy, Oil and Gas” represented by Dr. Panayotis Zacharioudakis, Project Coordinator of CYnergy and Managing Director of Ocean Finance.

CYnergy-simerini

In the mentioned section above  Dr. Panayotis Zacharioudakis talks about the CYnergy project, its aim, its implementation plan and timeline, the consumers’ benefits from the use of LNG, the role of Cyprus in Mediterranean and more of the discussions are included in Simerini. ”The CYnergy programme upgrades the energy’s sector of the country of Cyprus thanks to the LNG storage facilities, the country comes to the world energy map of trade of Liquefied Natural Gas (LNG)”  states Dr. Panayotis Zacharioudakis during his interview. In addition, Dr. Panayotis Zacharioudakis characterizes the Cynergy project as ” A holistic approach to the adoption of natural gas in Cyprus as well as development of a sustainable and fully operational LNG market”.

At the same time Dr. Zacharioudakis, referring to the benefits of natural gas over other fuels, says it can be used for both commercial and household purposes. “In particular, its use in industry leads to an increase of energy efficiency and to a reduction of operating costs, while in the mid-time improve product quality and reduce environmental pollution,” states Dr. Zacharioudakis.

CYnergy project is scheduled to be completed on March 2020. For more information about the CYnergy project please visit CYnergy website: http://www.cynergyproject.eu

For more information  about the article (in Greek) please visit: ENERGY, OIL & GAS

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