Power Minister George Papanastasiou stated on Sunday that “there may be mild on the horizon” concerning the development of the liquefied pure gasoline (LNG) terminal in Vasiliko.
Talking after a church service, Papanastasiou stated there may be mild on the horizon from his contacts with the Chinese language ambassador, and the 2 firms, Cyprus’ pure gasoline infrastructure firm (Etyfa) and the Chinese language state-owned firm CPP Metron (CMC).
Requested by journalists to touch upon the most recent developments concerning the terminal at Vasiliko, Papanastasiou stated that consultations are going down at varied ranges, each diplomatic and technical.
“We, because the Republic of Cyprus, are attempting to assist precisely this dialogue which is going down at a technical stage between the 2 firms and we’re in a route which ought to implement the Vasiliko terminal as a result of the Republic of Cyprus wants it,” he stated.
The rationale why the Vasilikos terminal is so necessary, he continued, is as a result of it’s the first means of importing pure gasoline, LNG, to scale back the price of electrical energy.
Requested if any timetable has been set, Papanastasiou stated “we’ve got set an inside timetable that inside June a call ought to be made. After all, these timetables are very a lot depending on the opposite aspect.”
On Saturday, President Nikos Christodoulides stated there are not any discussions of a “velvet divorce” with CPP over the Vasiliko LNG terminal.
“Efforts proceed,” he instructed a pool of reporters.
Christodoulides was responding to questions linked to a Philelefteros article from earlier within the day that referred to a ‘velvet divorce’ between Cyprus and CPP after months of wrangling over the Vasiliko LNG terminal.
“I might not say we’re discussing a ‘velvet divorce’. We proceed our efforts. There are three elements: the ship, the terminal and the floating storage and regasification unit (Fsru).
