#Vasiliko

The European Investment Bank (EIB) is closely monitoring developments over the Vasiliko liquified natural gas (LNG) terminal, which is currently under investigation for misappropriation of EU funds and corruption. EIB ...

The project for importing LNG to Cyprus must be completed as soon as possible, as every delay costs the Cypriot economy and the consumer huge sums of money, President of ...

The natural gas market should never have been labelled as emerging, as Cyprus could have already had 40 per cent cheaper energy if the market was open to competition, George Chrysochos ...

The government is “examining the possibility” of declassifying Cyprus’ energy market from its current status as “emergent”, Energy Minister George Papanastasiou said on Wednesday. Cyprus’ energy market is currently classified ...

Communities in the Vasiliko area are outraged over the environment department’s approval for the construction of an asphalt plant in their area, it was reported on Wednesday. The plant, ...

President Nikos Christodoulides said on Sunday that there would be no cover-up in the ongoing investigations related to the Vasiliko LNG case. The president was replying to journalists’ questions after ...

The government on Tuesday kicked off a campaign to promote a new set of rules for the storage of hazardous substances, with Labour Minister Yiannis Panayiotou visiting the Vasiliko cement ...

The government will invite two tenders in a bid to complete the LNG project, one for remaining construction work on the jetty at the land-based facilities at Vasiliko, the other ...

Speculation spun into overdrive on Monday over which officials in Cyprus might land in hot water over the liquefied natural gas project fiasco amid an ongoing probe into the matter ...

The Chinese CPP-Metron Consortium Ltd (CMC) should never have been awarded the Vasiliko liquified natural gas (LNG) project President Nikos Christodoulides said on Monday, as damning statements of blame continued ...

The construction of the liquefied natural gas (LNG) terminal in Vasilikos will proceed and be completed despite the withdrawal of the Chinese consortium of companies from the project, Energy Minister ...

After endless wrangling, the Vasiliko liquified natural gas (LNG) project was pronounced dead on Thursday by the Chinese-led construction firm CPP-Metron Consortium Ltd (CMC). In a statement, the firm slammed ...

The contract between the state Natural Gas Infrastructure Company (Etyfa) and CPP-Metron Consortium Ltd (CMC Ltd) for the construction of the natural gas liquification plant at Vasiliko is heading towards ...

The government has “a Plan A and a Plan B” for the liquefied natural gas (LNG) terminal at Vasiliko, the president said on Tuesday. Nikos Christodoulides was responding to journalists’ ...

Energy Minister George Papanastasiou said on Sunday that “there is light on the horizon” regarding the construction of the liquefied natural gas (LNG) terminal in Vasiliko. Speaking after a church ...

There are no discussions of a “velvet divorce” with Chinese state-owned company CPP over the Vasiliko liquefied natural gas (LNG) terminal, President Nikos Christodoulides said on Saturday. “Efforts continue,” he ...

This is becoming the recurring theme of all major projects in Cyprus. Almost invariably they all run into problems, run out of time and costs sky-rocket. The antiquated methods employed ...

Disputes between the state and big project contractors are nothing new, but never before has a government been forced to deal with so many at the same time.  All these ...

The Vasiliko liquified natural gas (LNG) project is “not shipwrecked” President Nikos Christodoulides said on Tuesday after widespread speculation that the project’s future was looking increasingly dire. Christodoulides, in ...

Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) has hit back at Natural Gas Infrastructure Company (Etyfa) in the latest round of their ongoing spat regarding the under-construction liquefied natural gas (...

Natural Gas Infrastructure Company (Etyfa) on Friday slammed what it called the “unfortunate and desperate attempt” by the consortium constructing the beleaguered natural gas terminal at Vasiliko to “mislead public ...

The mending of relations between the government and the CPP-Metron Consortium Ltd (CMC), which has the contract for the construction and operation of the Vasiliko LNG terminal, is a positive ...

The island could generate electricity from natural gas by the middle of 2025, Energy Minister George Papanastasiou said on Tuesday giving an optimistic forecast on the progress of the liquefied natural ...

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 ...