The statements he made in Israel prime minister of the country Benjamin Netanyahufor the pipeline that will transport the quantity natural gas (F.A.) from Israeli EEZ V Cyprus for liquefaction (LNG) and export to European markets, has every reason to create new data in the energy sector of the region. Netanyahu’s revelations that he discussed with the President of the Republic of Cyprus Nikos Christodoulides The construction of the offshore gas pipeline could certainly open up new vistas for Nicosia’s long-standing ambition to further strengthen the prospects for the Eastern Mediterranean to become an energy hub for European energy markets.

Announcements that a pipeline from Israel is on the negotiating table coincide with changes that appear to have been made in Nicosia to end the immobility seen in recent years in commercial exploitation of fields such as Aphrodite. . Judging by the plans, which seem to be proceeding, Israel does not mind the prospect of receiving some of the Israeli FA in numbers. for export for the purpose of liquefaction in Cyprus and from there for transportation to markets (LNG). If and until negotiations get to the point of agreement, they will essentially make Cyprus, in addition to being a F.A. and an LNG processing country, ending Egypt’s monopoly in the region with its two terminals at Inkut and Damietta.

LNG in Vasilikos

It is planned to liquefy (LNG) and then export it to European markets – which was discussed by Netanyahu and Christodoulidis.

What exactly does the Cypriot government have in mind in terms of energy, Energy Minister George Papanastasiou told K. The new policy is based on the transformation of Cyprus into a center for the export of liquefied natural gas (LNG), the processing of which will be carried out in infrastructures that will be created at the site existing in Vasilikos. A variant that has existed since the start of the first studies in Block 12 of the Cyprus EEZ (2011). Based on what Mr. Papanastasiou told us, the entire project will be based on hydrocarbon processing technology that has been developed in recent years.

Modular LNG, in fact, serves Cypriot ambitions, whether it be infrastructure that is not stable, such as Egyptian liquefaction terminals. As explained by Mr. Papanastasiou “K”, these are mobile LNG infrastructures – with the difference that they are not at sea, but are located on land. As the Minister of Energy told us, these are large containers for liquefied gas, which, after the completion of the project, can be transported to other areas. “Modular LNG is a technology that has been developed over the past 10 years and has developed rapidly over the past five years. In fact, these are mobile liquefaction units,” the message emphasizes. This particular technology, according to Mr. Papanastasiou, is more economically beneficial than offshore liquefied natural gas (LNG) infrastructures. According to the Minister of Energy, mobile LNG units can be located in the area chosen in Vasilikos and in the area planned to be turned into an energy center.

Modular LNG

First exposure to the prospects of Cyprus becoming a PFA processing country. The event will take place in Nicosia at the end of May. This will be an open information event to which international companies operating in the energy sector will be invited. The event will be called “Modular LNG Gateway to Cyprus”. After the event as the Minister of Energy pointed out, in “K”participating companies will be able to establish personal contacts and express interest.