LNG terminal delayed again

A new timetable has been set for the long-delayed LNG terminal at Vassiliko, with contractors estimating its completion in October instead of July. Construction of a jetty as part of the Liquefied

What is going on with Cyprus LNG?

Following a hard-hitting article in Phileleftheros on 5 January calling the project a ‘fiasco’, we had a flurry of announcements from the Ministry of Energy during the last few days. The good


Energy minister plays down LNG delays

Energy Minister Natasa Pilides has assuaged stakeholders’ and MPs’ concerns over serious delays in constructing a liquefied natural gas (LNG) terminal. The project, which has seen its cost rise from €290 mln

More delays for LNG terminal

Construction of a liquefied natural gas (LNG) terminal at Vassiliko is stuck after a dispute between the government and the consortium implementing Cyprus’ largest energy project. With long delays already under its


Cyprus LNG plant vs EastMed pipeline

Proponents of the East Med pipeline unrealistically believed the project would forge an economic alliance and create vested interests to leverage the defence and security of Greece, primarily, and Cyprus. This belief


LNG import chaos was predictable

The Auditor-General (AG) took the unprecedented step of issuing a statement, more or less proclaiming the delayed LNG import project risks becoming the victim of ‘blackmail’. The AG’s comments are very serious


LNG terminal will be ready summer 2023

Cyprus Energy Minister Natasa Pilides is confident the €300 mln Vasiliko LNG import terminal will be completed in the summer of 2023, despite contractors threatening to pull out over extra costs. In