PRESS RELEASE 8/02/2016

INVITATION SUPPLY OF NATURAL GAS TO DEFA FOR POWER GENERATION 25 JANUARY 2014 DEFA 008/2014

The Natural Gas Public Company (DEFA) announces that, following the issue of an Invitation document dated 25 January 2014 (Tender) in respect of the medium term supply of gas to DEFA at Vasilikos Power Station in Cyprus, DEFA has been unable to agree terms for a gas supply with any of the respondents to the Tender.

The Board of Directors of DEFA at its meeting today decided that the Tender process has been concluded. DEFA has notified all respondents to the Tender accordingly.

PRESS RELEASE 22/09/2015

The Board of Directors of the Natural Gas Public Company (DEFA) has convened a Board meeting following the relevant letter from the Shareholder (Minister of Energy, Commerce,

Industry and Tourism) and having examined the issue that resulted following the relevant press reports unanimously reached the following conclusions:

  1. No Member of the Board of Directors has knowledge of any conflict of any Member of the Board in the whole process of the Tender 008/2014.
  2. The legality of the whole process in relation to the Tender 008/2014 has not been affected in any way.

The Board of Directors with the same seriousness and responsibility will continue its work until its completion in relation to the Tender 008/2014.

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