#Vasiliko

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 ...

President Nikos Christodoulides will meet with Chinese ambassador Liu Yantao on Monday to discuss the ongoing and escalating spat between Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) and Natural Gas ...

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 ...

The government does have a ‘Plan B’ for the stalled Vasiliko liquefied natural gas (LNG) terminal, though it has not yet worked out the timetable for that alternative, Energy Minister ...

High-level officials from the Chinese-led consortium responsible for constructing the liquefied natural gas (LNG) terminal at Vasiliko are expected to visit within the week, according to Energy Minister George Papanastasiou. ...

This week could prove critical for the development of the liquefied natural gas (LNG) terminal project at Vasiliko as Energy Minister George Papanastasiou prepares to meet with officials from CPP-Metron ...

Efforts are still ongoing to resolve the liquified natural gas (LNG) terminal dispute, Energy Minister George Papanastasiou said on Wednesday, stressing the government has not ruled out walking out of ...

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 ...

A Mexican standoff: that probably best describes the ongoing escalating dispute between the government and the Chinese-led consortium with the contract the build the liquefied natural gas (LNG) terminal. And ...

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 ...

The contractor behind the Vasiliko liquified natural gas (LNG) terminal should be “counting the days” before it receives a notice of termination, Energy Minister George Papanastasiou said on Tuesday. His ...

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 ...

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 ...

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 ...

Transport and Energy Ministers Alexis Vafeades and George Papanastasiou on Friday inaugurated the road network of the Vasilikos energy and industrial area, built at a cost of €16.7 million. Vafeades hailed ...

A solution seems to have been found for the waste treatment plant in Pentakomo, the nine communities of Vasiliko announced on Friday, a day after meeting the president to discuss ...

The Chinese-led consortium with the contract to build a liquefied natural gas (LNG) terminal at Vasilikos have just filed a new timetable, promising to deliver the project by July 2024, the ...

A protest by Vassiliko communities planned for Tuesday against the Pentakomo waste treatment plant (Oeda) was cancelled. According to an announcement from the nine communities living in the area, the ...