Recent warnings from the International Monetary Fund (IMF), concerns raised by the auditor-general and growing criticism from energy experts all point to the same conclusion: Cyprus urgently needs a comprehensive long-term energy strategy.
The IMF’s 2026 Article IV assessment highlighted the country’s continued dependence on imported oil, lack of electricity interconnection and vulnerability to global energy shocks. The auditor-general went further, describing the failure to bring natural gas to Cyprus
