LNG

Cyprus presses on with FSRU despite pipeline proposal

Proposals for a pipeline linking Cyprus to Israeli offshore fields are not deterring the island from plans to install an FSRU Proposals for a pipeline linking Cyprus to Israeli offshore fields are not deterring the island from plans to install an FSRU.
By Verity Ratcliffe 18 July 2018 0 31801
The Vassiliko gas-fired power station in Cyprus. (J&P Group)

Cyprus is preparing to tender a contract for the supply of an FSRU to be moored at Vassiliko. Plans for the project are progressing despite a proposal to pipe gas to Cyprus from offshore Israel, according to an official at Cypriot state-owned utility DEFA.

Companies will be invited to submit bids within the next few weeks, Andreas Pentaliotis, gas officer at DEFA, told Interfax Natural Gas Daily. After the tender for the FSRU, DEFA will hold two tenders for LNG supply. 

Cyprus recently won funding from the...