Vasiliko

July 2026 - The terminal is delayed, over budget, and legally entangled with first gas realistically expected around 2030; 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