Chinese-Led Consortium to Build Cyprus’ Gas Import Terminal

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Chinese-Led Consortium to Build Cyprus’ Gas...
 © The National Herald 2020
NICOSIA – Cyprus signed a deal on Friday with a Chinese-led consortium to build the east Mediterranean island nation’s first natural gas import terminal that officials said will help the country generate cleaner and cheaper energy.

Energy Minister Georgios Lakkotrypis said the 289 million-euro ($323 million) floating terminal will help reduce Cyprus’ carbon footprint from electricity generation by up to 30%.

The terminal is designed to convert imported liquefied gas back into gaseous form for use in Cyprus’ main power plant....


This article was automatically added to our system 14-12-2019

Chinese-Led Consortium to Build Cyprus’ Gas Import Terminal


The contents of this article including any associated images are © The National Herald 2020
Views & opinions expressed in this article are those of the author and/or The National Herald .

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Article Tags: chinese, consortium, build, cyprus, import, terminal,