Difference between revisions of "Cyprus LNG Terminal"

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* Ownership: Defa
 
* Ownership: Defa
* Website:
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* Website: https://defa.com.cy/
 
* Location: Vasilikos, south coast of Cyprus
 
* Location: Vasilikos, south coast of Cyprus
* Capacity: million tons/annum
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* Capacity: 1.9 million tons/annum
* Status: Planned
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* Status: Under construction
 +
 
 
=== Brief Description ===
 
=== Brief Description ===
  
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* Unloading capacity:
 
* Unloading capacity:
 
* Send out capacity:
 
* Send out capacity:
* Constructor:
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* Constructor:  
 +
** China Petroleum Pipeline Engineering CO LTD,
 +
** Metron SA,
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** Hudong-Zhonghua Shipbuilding
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** Wilhelmsen Ship Management
  
 
=== Ongoing Projects/Project Status ===
 
=== 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.
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* Under construction, completion expected in [[LNG Terminal Projects to be Completed in 2023 | 2023]]
* The terminal is expected to be operational by 2014
 
  
 
=== Suppliers / Customers ===
 
=== Suppliers / Customers ===
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=== Other Information ===
 
=== Other Information ===
  
-
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* 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
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** 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://defa.com.cy/en/announcement-inner.html?id=23 €150 million funding approved for the introduction of LNG to Cyprus by the European Investment Bank]
 
# [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]

Latest revision as of 10:01, 30 March 2022

Summary Information

  • Ownership: Defa
  • Website: https://defa.com.cy/
  • Location: Vasilikos, south coast of Cyprus
  • Capacity: 1.9 million tons/annum
  • Status: Under construction

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:
    • China Petroleum Pipeline Engineering CO LTD,
    • Metron SA,
    • Hudong-Zhonghua Shipbuilding
    • Wilhelmsen Ship Management

Ongoing Projects/Project Status

  • Under construction, completion expected in 2023

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

Links

  1. Natural Gas, Cyprus
  2. €150 million funding approved for the introduction of LNG to Cyprus by the European Investment Bank
  3. LNG Terminal – A milestone project for the energy role of Cyprus