The Republic of Cyprus, the Greek-speaking part of the divided island in the process of developing the Aphrodite natural gas field in the Eastern Mediterranean as a regional gas and LNG hub, is involved in a dispute with a Chinese company over a separate LNG import terminal project still under construction.
QatarEnergy, the world’s No. 2 LNG producer after Australia, is continuing to focus on exploration and production with partner ExxonMobil and both have signed a production sharing contract for one of the few expanding Basins in the West, the East Mediterranean.
The Republic of Cyprus, which is part of the European Union, has posted tender documents for the supply and operation of a floating liquefied natural gas import facility to be located at the Cypriot port of Vassilikos and partly funded by the EU.