Republic of Cyprus represented by the Ministry of Energy, Commerce, Industry and Tourism (Cyprus)
European Commission, DG ENER
Agency for the Cooperation of Energy Regulators (ACER)
European Network of Transmission System Operators for Gas (ENTSOG)
The Action contributes to the implementation of the Project of Common Interest (PCI) 7.3.2 "Removing internal bottlenecks in Cyprus to end isolation and to allow for the transmission of gas from the Eastern Mediterranean region". The main objective of the Action is to build the LNG infrastructure for importing natural gas on the island of Cyprus and facilitate its use mainly for power generation purposes but also for other industrial and urban uses.
The Action entails the deployment of an offshore LNG facility (Floating Storage and Regasification Unit – FSRU) as well as the construction of several onshore natural gas facilities along the Port of Lemesos – Terminal 2 (Vassiliko), namely: a jetty for the unit’s safe mooring, a jetty-borne natural gas pipeline, an onshore gas pipeline, a shoreside block valve facility, an onshore natural gas buffer solution and a pressure reduction and metering station. These facilities constitute a critical infrastructure prerequisite for the successful import of natural gas on the island of Cyprus.
As an outcome of the Action, the island of Cyprus will acquire an entry point for natural gas and possible synergies between Cyprus and other Member States will occur in the procurement of natural gas optimizing delivery schedules, creating economies of scale and enhancing solidarity.