Tuesday, 9 October 2018

Cyprus: DEFA launches tender for FSRU to import gas for power sector

View of Vassilikos port in Greek Cyprus View of Vassilikos port in Greek Cyprus

Tender documents have been posted by the Public Gas Corporation of Cyprus (DEFA) in search for a counterparty that will supply and install a floating storage and regasification unit (FSRU) at the port of Vassilikos. The LNG import project comes at a cost of €300 million, with the imported volumes set to underpin the conversion of an oil-fired power station to run on natural gas.

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