Cyprus LNG terminal gets eight construction supervision bids
Cyprus’ state Natural Gas Infrastructure Co. (ETYFA) received eight bids for supervising construction of its planned 600,000-tonne/year LNG terminal. ETYFA said the floating storage and regasification unit (FSRU)-based terminal, stationed in Vasilikos Bay, will be completed by end-2021 or early 2022, including a mooring jetty, natural gas pipeline, and other infrastructure.
Bidding companies included: DNV GL, Technip E&C Ltd., AMEC Foster Wheeler Iberia SLU, RINA Consulting SPA, and consortiums or joint ventures consisting of MITAS Generators Ltd., Kelberry Ltd Joint Venture, and MT Milan Tractor SPA; EPCM Consultants SA (Pty) Ltd., Global Maritime Consultancy Ltd., and IX Engineers (Pty) Ltd. (collectively Abamba Ltd.); Lloyd’s Register, Sofregaz, Rogan Associates; and Hill International NV with Bureau Veritas Solutions Marine & Offshore.
The terminal secured a €101-million grant from the European Union under its Connecting Europe Facility (CEF), with the Cyprus Electricity Authority contributing €43 million and taking a 30% share in ETYFA. ETYFA will seek the balance of project funding from sources such as the European Investment Bank and European Bank for Reconstruction and Development.
ETYFA in December 2019 signed a contract with a consortium led by China Petroleum Pipeline Engineering Co. Ltd. to build the terminal. Other members of the consortium include Hudong-Zhonghua Shipbuilding, Metron SA, and Wilhelmsen Ship Management.
