Cyprus aims to conclude construction works for the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024 as this would assist the efforts to reduce electricity generation costs Minister of Energy George Papanastasiou has said.
Construction works for the LNG terminal was halted in the end of January, with the Chinese-led consortium CPP Metron appealing to a court of arbitration. However they resumed following a meeting between Papanastasiou