Delay in the Liquefied Natural Gas Terminal Project in Vasilikos
July 9, 2025
The liquefied natural gas terminal project in Vasilikos is currently stalled, with no clear timeline for completion. The Energy Minister attributed the delays to ongoing issues and negotiations, as the government took over an incomplete project. Additionally, the vessel Prometheus requires two essential components costing 8-9 million euros to function properly. The vessel's stay in Malaysia costs around 1000 euros per day.