Technip Energies bags Cyprus LNG gig

LNG engineering giant Technip Energies has secured a project management consultancy contract from ETYFA, a unit of state-owned DEFA, to assist in completing the LNG import terminal in Vasilikos, Cyprus.

Technip Energies confirmed the contract award in a social media post on Monday.

“The import terminal is part of an EU project of common interest that seeks to introduce natural gas to Cyprus with the goal of reducing its dependence on imported oil and facilitating its transition to cleaner energy services,” the firm said.

Technip Energies did not provide further details.

In September 2024, ETYFA invited bids for the provision of project management services for the completion of the delayed LNG import terminal.

The work included architectural, construction, engineering, and inspection services.

In December 2024, ETYFA’s converted FSRU, which will serve the first Cyprus LNG import terminal in Vasilikos, finally left Cosco Shipping Heavy Industry’s yard in Shanghai.

CHI Shanghai, the unit of Cosco Shipping, said the 137,000-cbm FSRU, Etyfa Prometheas, left its yard on December 14.

The firm delivered the FSRU, which was converted from the 2002-built LNG carrier Galea, in January last year.

However, due to delays with the construction of the LNG receiving terminal in Cyprus, the vessel has been waiting at CHI Shanghai since then, the company said.

The FSRU is 296 meters long, 46 meters wide, and it has four regasification units each with a capacity of 105 mmscfd (million standard cubic feet per day).

According to its AIS data, the FSRU was anchored offshore Malaysia’s Kuala Sungai Baru on Monday.

Recent local media reports suggest that the vessel is waiting to be certified as an FSRU, which is expected to be completed later this year.

CPP-Metron

Cyprus announced the start of construction of its first LNG import facility at Vassilikos in July 2020.

ETYFA previously signed an EPCOM (engineer, procure, construct, operate, and maintain) contract with a Chinese-led consortium, CPP-Metron, for the project.

The terminal includes the jetty and the converted FSRU.

The consortium comprises state-owned China Petroleum Pipeline Engineering, a unit of CNPC, Metron Energy Applications, Hudong-Zhonghua, and Wilhelmsen Ship Management.

However, the consortium has withdrawn from the contract in July last year after a long dispute saying that it “has found itself with no alternative but to terminate its contract with ETYFA.”

The consortium said at the time it “has still not received any payment whatsoever for its work in 2024.”

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