Keravnos Addresses €67 Million for Vasilikos Terminal Project

1 sourceFirst reported 22 days agoUpdated 22 days ago

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The Vasilikos gas terminal's €67 million funding is under review after two decades of delays.
The European Investment Bank and Development Bank maintain that the project should continue without reimbursement.
Ongoing issues with carbon emission rights may lead to additional costs for Cyprus.
A new contractor for the terminal project is expected to be appointed within 2026.
There are procedural matters pending that affect the timeline for project completion.

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Ο Κεραυνός απαντά: Τι απέγιναν τα €67 εκατ. για το τερματικό του Βασιλικού;Alpha News · 22 days ago

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AI summary: catch up in 20 seconds

The Vasilikos gas terminal's €67 million funding is under review after two decades of delays.
The European Investment Bank and Development Bank maintain that the project should continue without reimbursement.
Ongoing issues with carbon emission rights may lead to additional costs for Cyprus.
A new contractor for the terminal project is expected to be appointed within 2026.
There are procedural matters pending that affect the timeline for project completion.

Generated by AI from the 1 sources below · always verify with the originals