Chinese led consortium to build Cyprus’ gas import terminal

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Chinese led consortium to build Cyprus’ gas...
 © Parikiaki 2020
Cyprus: Cyprus signed a deal on Friday with a Chinese-led consortium to build the east Mediterranean island nation’s first natural gas import terminalthat 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 per cent.

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 15-12-2019

Chinese led consortium to build Cyprus’ gas import terminal


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