Cyprus pursues LNG import and export options

In early 2020, the Cypriot government will award LNG supply contracts, while revisiting LNG export plans

Cyprus still lacks a workable plan to bring ashore significant gas discoveries in its offshore waters to replace diesel and fuel oil supply to its power stations. But a ‘dash for gas’ looks set to make progress.  The Cyprus government, with financial support from the EU, is pressing ahead with plans to import LNG to meet European environmental targets. In August, the state-owned Natural Gas Public Company of Cyprus (Defa) chose a consortium led by Chinese engineering firm China Petroleum Pipeline Engineering to construct a floating storage and regasification unit (FSRU) and related infrastructure at Vasilikos port on the south coast.  The following month, Defa published a list of 25 internat