Eight companies have expressed interest in completing Cyprus’ delayed Vasilikos LNG import terminal, raising hopes that construction can resume more than two years after the original contract collapsed. The remaining construction works are estimated to cost €180mn ($201mn).
The companies submitting applications ahead of the 9 October deadline include Italian engineering contractor Saipem, China Harbour Engineering, Israel’s Baran International, Egypt’s Petrojet, Norwegian firm ECOnnect Energy and Greek contractors Terna and Avax, and Cyprus-registered Archirodon. (CONTINUED - 259 WORDS)