A China-led group has been selected to build and operate a liquefied natural gas import terminal at Vasilikos Bay, Cyprus, writes Iain Esau.
The state-owned Natural Gas Company of Cyprus (DEFA) selected a group led by China Petroleum Pipeline Engineering Corporation (CPPEC) to provide a floating storage and regasification unit, a jetty, gas pipeline and related infrastructure.
CPPEC's bidding partners include Greek players Aktor and Metron, China’s Hudong-Zhonghua Shipbuilding and Wilhelmsen Ship Management of Norway.
