Ambassador optimistic over LNG terminal
The liquefied natural gas (LNG) terminal in Cyprus is back on track and should be finished by the end of the year, China’s ambassador to Cyprus said on Thursday.
“...
MPs hear LNG grant could be lost
Lawmakers on Tuesday sounded the alarm that Cyprus may lose part – or worse – all of an EU grant allotted to the liquefied natural gas (LNG) terminal in Vasiliko.
In parliament, ...
Christodoulides visits LNG terminal as work restarts
President Nikos Christodoulides on Saturday paid a visit to the liquefied natural gas (LNG) terminal ahead of the now-confirmed restart of construction work.
Speaking to journalists at the site, he ...
Government may terminate LNG terminal contract
Energy Minister George Papanastasiou hinted Thursday the government may terminate the contract with the CPP consortium with the contract to build the liquefied natural gas (LNG) terminal at Vasiliko.
His ...
Our View: Slapdash €300m project costing taxpayer dearly
There is no doubt that the tenders’ procedure for the Vasiliko LNG terminal was a catalogue of errors that violated every notion of rational decision-making. It suffices to say that ...
Government and LNG terminal contractor lock swords
The government on Monday signaled it may have to take “painful decisions” regarding the liquefied natural gas (LNG) terminal project in Vasiliko, as the contractor itself blamed the Cypriot side ...
Taxpayers will pay the cost of LNG debacle
Terminal at Vasiliko started under a cloud of suspicion and has just got worse
The writing was on the wall even before the contract for the liquified national gas (LNG) ...
Blame game in full swing over LNG terminal dispute
The Chinese-led consortium with the contract to build a liquefied natural gas (LNG) terminal at Vasiliko is claiming €200 million from Cyprus in arbitration proceedings, MPs heard on Thursday, as the ...
‘Paying for sins of the past’: trouble with LNG terminal
Energy Minister George Papanastasiou on Wednesday sought to ease concerns of a multi-million euro arbitration cost the government may be forced to pay out, amid a halt in the construction ...
Hints Cyprus might halt LNG terminal payments
Suggestion comes after damning Audit Office report on endless delays
The project team for the liquefied natural gas (LNG) terminal at Vasiliko has recommended that Cyprus halt further payments to ...
From Russia to Cyprus: the geopolitical and geoeconomic risks that burden gas pipelines
Cyprus LNG plant vs the East Med pipeline in the context of Greek-Turkish and geopolitical tensions
By Panayiotis Tilliros
According to John Mearsheimer, the eminent American international relations scholar, “what ...
Cyprus LNG import project – questions that will not go away
This project has been continuously in the limelight during the last few weeks, but, worryingly, for the wrong reasons. Following many questions about the lack of progress, significant schedule slippage ...
Energy ministry denies claims of buried chemicals at LNG site
The energy ministry on Wednesday denied that buried chemicals would further delay the construction of the LNG terminal at Vasiliko, saying that the area was cleaned up by May 2020 at ...
LNG project: Problems from the outset
More than two years after the contract signed to build a liquefied natural gas import terminal at the port of Vasilikos, the project is stuck at 4 per cent at most, ...
Radical new choices may be needed for LNG imports
The current project has a long, and likely tortuous, way to go
This is further to my article in the Cyprus Mail last Sunday. Since then, the debate over the ...
Audit office defends its position on LNG debacle, says it had major doubts
The audit office on Sunday hit back at reports that it was somehow culpable in the growing concern over delays to the construction of the LNG terminal in Vasiliko.
The ...
LNG terminal to be delivered by July 2023
Work to build the LNG terminal at Vasiliko is expected to start around the end of February with a view to delivering the multi-million-euro project by July 2023, the Cyprus News ...