5 Minute News

Need for reassessment of the LNG terminal project in Vasilikos

September 14, 2025

The situation regarding the unfinished LNG terminal project in Vasilikos is quite problematic. Technip Energies concluded that the initial design is inadequate and requires a complete reassessment to identify gaps and discrepancies. Making decisions to complete the project without necessary evaluation could lead to further failures. ETYFA and Technip believe that tenders should be postponed until a Gap Analysis is conducted. A better approach may lead to more reliable results and the completion of the project.