The MP of AKEL, Kostas Kostas Kostas, spoke about hasty and wrong decisions of the government that citizens have to pay for, during the debate on the 2023 budget. The MP focused mainly on the government's delay in exploiting hydrocarbons and on the government's responsibility for the high price of electricity and fuel.
Kostas said that as AKEL we are concerned about information that the companies that have the rights to exploit hydrocarbon deposits are demanding huge sums from the government to proceed with their exploitation, as well as the government's real intentions to create a liquefaction terminal, the deadlock in the Cyprus negotiations and the government's real intentions to create a liquefaction terminal. "The government addressed the issue of hydrocarbons for internal consumption," he said. He also spoke of the government's heavy responsibility for the very high electricity price, since due to the government's failed efforts to import natural gas, "we will be paying for emissions for at least two more years", while this year people paid €220 million.
In addition, he accused the government of not making a substantial penetration of renewable energy in the electricity balance. Still, in the storage sector the government is taking slow steps, as well as in opening up the electricity market. He also spoke of huge windfall profits from companies that the government refuses to tax, and obscenity on the part of oil companies. He wondered why the government does not implement its 2015 recommendations to create a level playing field, why it applies VAT and on excise duty, why it has not promoted LPG, why it has never used the cap, why it does not check profitability of companies, why there are no checks on receipt of new cargo of fuel to check stocks.
Source: Cyprus Times
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