Efforts to Complete the Gas Terminal in Vasilikos
January 25, 2026
The government is trying to expedite the completion of the gas terminal in Vasilikos. It aims to collaborate with a state company, possibly from the United Arab Emirates, to bypass the lengthy process of new tenders. There have been exploratory talks with ADNOC, which is interested in being involved either as a contractor or co-manager. The prospects for an agreement are limited, but the government hopes for cooperation with foreign EU member states or third countries. The project has a history from previous administrations, aimed at avoiding delays.