Upcoming LNG importer Cyprus has appointed an international consortium to supervise the development of its €300m ($319m) floating storage and regasification unit-based LNG import terminal.
Cyprus' Natural Gas Infrastructure Company (ETYFA) will own the FSRU, jetty and shoreside infrastructure.
The Dutch arm of project manager Hill International and Bureau Veritas Solutions Marine & Offshore’s Greek branch said they have ranked first in the tender for the selection of the owner’s engineer team that will oversee the project. Tractebel and Gazocean will act as subcontractors.
The appointments mean work can get underway on the long-planned new terminal.
ETYFA, which is 70% controlled by the nation's Natural Gas Public Company (DEFA) and 30% by the Electricity Authority of Cyprus (EAC), said it had received eight proposals from international energy companies and consortia for the work.
The new south-east Mediterranean LNG terminal will include an FSRU and a 1.3-kilometre jetty, where the regas unit will be moored. ETYFA said it will have the ability to receive LNG carriers ranging in size from 125,000 cbm to 217,000 cbm.
A Shell-owned, Moss-type LNG carrier — the 136,967-cbm Galea (built 2002) — will be converted into the FSRU for the project.
Last year, a consortium of China Petroleum Pipeline Engineering, Metron, Hudong-Zhonghua Shipbuilding (Group) and Wilhelmsen Ship Management were selected to build the terminal.
The facility is due to be operational by 2022, with DEFA having the monopoly for 10 years on all import and distribution of gas on the island.
