Israeli and European investors are interested in financing a planned LNG terminal at the Vasilikos area in Cyprus, Reuters cited Charles Ellinas, head of the island’s national hydrocarbons company (CNHC) as saying.
“ We have 3 serious financial options to look into. This makes us confident that we can start the construction of the Vasiliko LNG plant in 2016 ,” he said.
“ We will hold serious discussions with investors early next year ,” he added.
Cyprus is planning to construct a $6 billion LNG terminal, which will include facilities for the import, storage and regasification of liquefied natural gas, to process natural gas from offshore fields now under development.
[mappress] LNG World News Staff, June 4, 2013; Image: mcit.gov.cy