Cyprus nearing transition to a new LNG era - FINANCIAL MIRROR

GasLog's LNG carrier Methane Julia Louise loading
LNG from Shell’s mighty floating LNG Prelude

12 July, 2019

Cyprus Natural Gas Public Company (DEFA), announced Friday it has successfully completed the first step of its troubled tender procedure for the installation of a €250 mln LNG Import Terminal plus infrastructure.

Three international consortia comprising of industry leaders are bidding for the multi-million contract. The bidders are;

1. Joint Venture China Petroleum Pipeline Engineering CO, Ltd – CPP, AKTOR S.A., METRON S.A.
2. Consortium Samsung C&T, Posco E&C, Mitsui O.S.K. Lines, Osaka Gas
3. European Consortium (DAMCO Energy S.A., ENAGAS Services Solution S.L.U., GasLog LNG Services Ltd., SNAM Spa, TERNA S.A.)

DEFA said the wider range of companies expressing an interest highlighted the “importance of the tender at an international level as well as its viability”.

Chairman of DEFA Symeon Kassianides said: "The great interest shown for this important Cyprus energy project by European and international players of the gas market, is just the first milestone for the realization of a long-term project that is directly linked to the country's energy upgrade and energy pluralism.”

Over 3000 people working on Greek segment of TAP pipeline - WORLD PIPELINES

Friday, 09 June 2017 10:25Stephanie Roker

The Trans Adriatic Pipeline (TAP) AG announces that construction in Greece, the pipeline’s greatest geography, advances on time, on track and on budget. Thanks to the efforts of the over 3000 people working for the project, 13 months after the Inauguration Ceremony works have significantly progressed in two of the three northern Greek prefectures to be traversed by the pipeline: eastern Macedonia-Thrace and central Macedonia.

As of end May 2017, out of the approximately 550 km of pipeline in total to be built on Greek soil, TAP’s contractors have already: