GasLog Among Firms chosen in Cyprus FSRU LNG tender

Gaslog

Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG).

* The first joint venture is led by China Petroleum Pipeline Engineering, Natural Gas Public Company of Cyprus (DEFA) said on its website.

* The second comprises Samsung C&T, Posco E&C, LNG ship-builder Mitsui O.S.K. Lines and Japanese utility Osaka Gas

* The third consortium includes LNG shipping company Gaslog , a unit of Spanish utility Enagas and Italian gas infrastructure company SNAM .

* Cyprus aims to have the FSRU vessel in place and importing by 2021 and has a 101 million euro ($113 million) grant from the European Union.

* It requested expressions of interest last month to supply the LNG, with a deadline of Sept. 6.

Source: Reuters

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