At a ceremony in Nicosia, Cyprus' natural gas infrastructure company ETIFA, a subsidiary of Natural Gas Public Company, signed a contract to build its first LNG terminal with a multinational consortium led by China Petroleum Pipeline Engineering.
"This is a significant project that ushers Cyprus into the natural gas era," Duan Bingquan, deputy managing director of China Petroleum Pipeline Engineering, told reporters.
The consortium also includes METRON (Greece), Hudong-Zhonghua Shipbuilding (China) and Wilhelmsen Ship Management (Norway).
The LNG terminal, to be completed by end 2021 or early 2022, will include a floating storage and re-gasification unit (FSRU), a jetty for mooring the FSRU, a jetty borne gas pipeline and related infrastructure.
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