Cyprus LNG Terminal
Contents
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 2022
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