Cypriot President Says Project for LNG Terminal Proceeding Secretly

NICOSIA – Plans to build a liquefied natural gas (LNG) terminal on Cyprus are continuing in private, President Nikos Christodoulides said, adding he couldn’t reveal any details because negotiations are still going on.

“There is an ongoing discussion about which at this stage I do not want, nor is it appropriate, to say anything publicly,” he said at the 35th Annual General Assembly of the Cyprus Shipping Chamber in Limassol.

That was in response to a reporter’s question referring to a “disaster” after the meeting the President had with the Chinese Ambassador about the plan, Christodoulides emphasizing the project hasn’t been shelved.

“We are discussing with a single objective, to implement a project of strategic importance for the Republic of Cyprus, which has already been delayed, (since) two extensions have already been granted,” he said.

He said there will be as many meetings as needed to resolve any differences although he didn’t say what they were. “We are approaching this discussion with a view, on the one hand, to implementing a strategically important project of the Republic of Cyprus and on the other hand to safeguard the interests of the state,” he said.


NICOSIA - Ambitious plans to restore and reopen the abandoned Varosha resort on the Turkish-Cypriot occupied side of the island invaded by Turkey in 1974 could cost at least $10 billion, said the Turkish newspaper Sozcu.

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