5 Minute News

Necessary Redesign Required Before Resuming Work on Vasilikos Terminal

February 25, 2026

The completion of the gas terminal in Vasilikos requires a new design before tenders are issued for a new contractor. Technip highlights that a mini design is insufficient and proposes a comprehensive redesign. This will require time and funding, making it challenging to secure the necessary resources. In the meantime, efforts will be made to assess the materials that have already been received. The situation complicates the estimation of specific completion timelines for the project.