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Our View: Investigate costly project disputes inherited by government

Disputes between the state and big project contractors are nothing new, but never before has a government been forced to deal with so many at the same time.  All these projects were awarded by the previous government, but it is the Christodoulides government that now has to pick up the…

Cyprus LNG project faces stalemate as CPP hardens stance

China Petroleum Pipeline Engineering (CPP) reportedly seeks a financial settlement and termination of its involvement in the Vasilikos LNG terminal project, according to unconfirmed information obtained by Phileleftheros.The report suggests CPP prioritises a financial agreement with Cyprus, followed

CMC call for meeting on neutral territory in Vasiliko spat

CMC call for meeting on neutral territory in Vasiliko spat
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CMC hits back in Vasiliko spat | Cyprus Mail

Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) has hit back at Natural Gas Infrastructure Company (Etyfa) in the latest round of their ongoing spat regarding the under-construction liquefied natural gas (LNG) terminal at Vasiliko. The consortium issued two statements haranguing Etyfa for drastically changing its plans for the terminal and…

CPP admits inability to complete the terminal due to Cyprus s demands

In a new statement last night, the CMC consortium, which is largely made up of China s CPP, accused ETYFA (Natural Gas Infrastructure Company) of making huge changes to what it has asked the consortium to build at the new Vasilikos liquefied natural gas (LNG) pier and that it has worked hard to meet

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