Project Details
CountryCyprus
LocationVasiliko Port, Larnaca District
Terminal TypeRegasification (Import)
Rig TypeFSRU
Capacity0.6 mtpa / 0.8 bcm
Trains-
Start Date01-Jan-2026
Cost (US$bn)0.33
Origin-
Destination-
OwnersNatural Gas Public Company (DEFA) {Cyprus}
Buyers-
Status Notes
December 2025 - The project is under review by ETYFA; July 2024 - Jetty and onshore segment of the project are 60% completed; As per December 2020, The European Commission has approved a cypriot measure to issue a state guarantee for securing loans to support the construction of the terminal; Hill International has been selected to oversea a China (Mainland) - led consortium building the project in August 2020; The project is owned by Natural Gas Infrastructure Company (ETYFA), which is a wholly state-owned subsidiary of the Natural Gas Public Company (DEFA/CyGas); Project Cost - EUR300mn
Last reviewed: 09 Jan 2026