Cyprus looks to revive Vasilikos LNG plan

Cyprus may dust off its plans to export LNG if more large gas discoveries are made in its waters, the country’s leaders say Cyprus may dust off its plans to export LNG if more large gas discoveries are made in its waters, the country’s leaders say.
By Stephen Kakouris 16 March 2017 0 25072
The Vasilikos power station in Cyprus. The country may build an LNG plant nearby. (J&P Group)

Cyprus is still considering exporting gas as LNG from the southern port of Vasilikos if IOCs make large gas discoveries nearby, the country’s president and energy minister have said.

Plans for an onshore LNG plant had been mooted for several years but were revived late in 2016 after having fallen out of favour. Although future production from the offshore Aphrodite field – Cyprus’s only major gas discovery to date – may not warrant an LNG project, the Cypriot government and the IOCs selected for exploration permits...

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