Economy · Cyprus

Damianou: 80% of gas from 'Kronos' aimed for Europe

1 sourceFirst reported 1 month agoUpdated 1 month ago

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Cyprus is working on completing its first LNG import terminal in Vasiliko.
Minister Damianou emphasized the necessity of natural gas for the country's energy system.
The LNG terminal project has faced significant delays and disagreements over the past decade.
The government plans to select a new contractor by the end of 2026 for completion.
Cyprus remains the only EU country without an electrical interconnection with another member state.

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AI summary: catch up in 20 seconds

Cyprus is working on completing its first LNG import terminal in Vasiliko.
Minister Damianou emphasized the necessity of natural gas for the country's energy system.
The LNG terminal project has faced significant delays and disagreements over the past decade.
The government plans to select a new contractor by the end of 2026 for completion.
Cyprus remains the only EU country without an electrical interconnection with another member state.

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