OCT 30, 2016 @ 05:37 PM
Christopher Coats, CONTRIBUTOR
Still years away from exploiting its own natural gas potential, Cyprus is now reviving efforts to nail down import options to help the country meet its climate targets through liquefied natural gas projects.
According to media reports, Cyprus is preparing to launch a study into importing LNG to help meet the country’s domestic demand and ease the planned transition towards lower emissions power production.
“The objective of the study is, based on the analysis of the various options of LNG supplies, to identify and propose an option/project, an appropriate process and a timetable for the supply of gas to Cyprus [as soon as possible] and before 2020,” according to a tender released by state-owned Natural Gas Public Co.
