EIB approves Cyprus LNG import facility

The European Investment Bank on Thursday approved a project proposed by Cyprus Public Natural Gas Company (Defa) for the import of LNG to the island.

The Cyprus Public Natural Gas Company made the following comment, through its spokesperson:

“Following a meeting of the Board of Directors of the European Investment Bank (EIB), funding was approved today, June 11, in Luxembourg, with funding of € 150 million for the construction of the liquefied natural gas pipeline project in Cyprus. , the Natural Gas Infrastructure Infrastructure Company (ETYFA), a subsidiary of the Public Natural Gas Company (DEFA).

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