Difference between revisions of "Cyprus LNG Terminal"
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=== Other Information === | === Other Information === | ||
| − | - | + | * Financing of the project included |
| + | ** A 101 million euro subsidy by the European Commission, through “Connecting Europe Facility” | ||
| + | ** 43 million from the participation of EAC in the shareholding structure of ETYFA | ||
| + | ** 150 million euros from the European Investment Bank (EIB). | ||
| + | ** 80-million-euro financing by the European Bank for Reconstruction and Development | ||
=== Links === | === Links === | ||
# [http://www.mcit.gov.cy/mcit/mcit.nsf/dmlgas_en/dmlgas_en?OpenDocument Natural Gas, Cyprus] | # [http://www.mcit.gov.cy/mcit/mcit.nsf/dmlgas_en/dmlgas_en?OpenDocument Natural Gas, Cyprus] | ||
# [https://abarrelfull.blogspot.com/2022/01/lng-terminal-milestone-project-for.html LNG Terminal – A milestone project for the energy role of Cyprus] | # [https://abarrelfull.blogspot.com/2022/01/lng-terminal-milestone-project-for.html LNG Terminal – A milestone project for the energy role of Cyprus] | ||
Revision as of 12:01, 18 January 2022
Contents
Summary Information
- Ownership: Defa
- Website:
- Location: Vasilikos, south coast of Cyprus
- Capacity: million tons/annum
- Status: Planned
Brief Description
- The terminal will comprise of a Floating Storage Regasification Unit (FSRU), a jetty for the mooring of the FSRU, a jetty-borne gas pipeline
Technical Details
- Storage capacity:
- Unloading capacity:
- Send out capacity:
- Constructor:
Ongoing Projects/Project Status
- The Energy Centre will be built on the south coast of Cyprus, at a distance of 25Km east of Limassol, in the area formerly occupied by the Hellenic Chemical Industries fertiliser manufacturing facility. This area was considered as the most appropriate for the erection of storage and distribution facilities for petroleum products, as well as for the establishment of a receiving and storage terminal for LNG, due to its location and nature. Initially, natural gas will be mainly used by the nearby Power Station of the Electricity Authority of Cyprus (EAC) for power generation; hence the site chosen for locating the Energy Centre borders the aforesaid Power Station.
- The terminal is expected to be operational by 2014
Suppliers / Customers
- Suppliers: TBA
- Customers: Vasilikos Power Plant
History
- 2020 - Contruction of the terminal was launched
Other Information
- Financing of the project included
- A 101 million euro subsidy by the European Commission, through “Connecting Europe Facility”
- 43 million from the participation of EAC in the shareholding structure of ETYFA
- 150 million euros from the European Investment Bank (EIB).
- 80-million-euro financing by the European Bank for Reconstruction and Development
