Cyprus Government Explores Legislative Option to Expedite Vasilikos Gas Terminal with ADNOC
NATURAL GAS
The Cypriot government is seeking legislative measures to expedite the stalled Vasilikos gas terminal project by potentially bypassing the lengthy tender process, focusing on UAE's ADNOC as a contractor. Recent discussions revealed ADNOC's interest in the project, although they prefer an operational role, complicating negotiations. If the tender process cannot be circumvented, the project's completion may face further delays.

Jan 26, 2026, 11:01 AM