Cyprus to resume LNG terminal tenders
Cyprus' Minister of Energy, Commerce and Industry George Papanastasiou [Yiannis Kourtoglou/Reuters]
Cyprus will soon launch tenders for the completion of the liquefied natural gas terminal for electricity generation, despite the termination of a 500-million-euro contract with Chinese-led CPP-METRON Consortium and an investigation by the European Public Prosecutor’s Office over possible tender fraud and misappropriation of EU funds, Energy Minister George Papanastasiou has said.
