Following the completion of a feasibility study in 2016, the Government of Cyprus decided to proceed with the development of a liquefied natural gas terminal in Vasilikos Bay, near Limassol.
The government launched a tender calling for the construction of the €500 ($576.5 million) facility by November 30, 2020.
The subject of this tender entails the design, construction and operation the import terminal, procurement of a floating storage and regasification unit (FSRU) of at least 125,000 cubic meters storage capacity.
The facility will be capable of unloading LNG from LNG carriers ranging in size from 120,000 cubic meters to 217,000 cubic meters.
Categories: LNG TENDERS