Hoegh Cyprus FSRU
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Hoegh Cyprus FSRU is a cancelled (confirmed) LNG import terminal in Cyprus.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Hoegh Cyprus FSRU | Vasiliko, Larnaca, Cyprus[1] | 34.710168, 33.323549 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Hoegh Cyprus FSRU | import[2] | cancelled (confirmed)[3] | – | – | True | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Hoegh Cyprus FSRU | import[2] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Hoegh Cyprus FSRU | import[2] | cancelled (confirmed)[3] | 2020[2] | – | – | –[2][2] | 2021 (cancelled)[4] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Hoegh Cyprus FSRU | import[2] | cancelled (confirmed)[3] | Höegh Evi [100%][2] | Morgan Stanley [100.0%] | – |
Background
In April 2020, Norwegian company Hoegh LNG announced that it had submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus. The proposal is distinct from the proposed Klaipeda LNG Terminal, which is a floating import terminal also owned by Hoegh LNG, but chartered by Klaipedos Nafta. This new proposal involved the installation of an FSRU at Vasiliko within the first quarter of 2021 and a pipeline to transport the gas to the EAC’s power plant and potentially other users. The company specified that the plan would not interfere with other government plans, nor would the proposal involve any state aid or investment, though the company is open to working with the Natural Gas Public Company (DEFA).[5]
By January 2021, it appeared that the proposal had been scrapped in light of the Greek and Chinese-funded Cyprus FSRU moving forward.[6]
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ https://www.google.com/maps/place/34%C2%B042'36.6%22N+33%C2%B019'24.8%22E/@34.7101724,33.3209741,815m/data=!3m2!1e3!4b1!4m4!3m3!8m2!3d34.710168!4d33.323549?entry=ttu&g_ep=EgoyMDI1MDcxNi4wIKXMDSoASAFQAw%3D%3D.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 https://cyprus-mail.com/2020/04/24/energy-company-confirms-it-has-proposed-installation-of-an-frsu-in-cyprus/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 https://cyprus-mail.com/2024/02/03/taxpayers-will-pay-the-cost-of-lng-debacle/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://cyprus-mail.com/2024/02/03/taxpayers-will-pay-the-cost-of-lng-debacle/ https://cyprus-mail.com/2024/02/03/taxpayers-will-pay-the-cost-of-lng-debacle/; https://cyprus-mail.com/2024/02/03/taxpayers-will-pay-the-cost-of-lng-debacle/.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ Jonathan Shkurko, Energy company confirms it has proposed installation of an FRSU in Cyprus, Cyprus Mail, April 24, 2020
- ↑ "Taxpayers will pay the cost of LNG debacle". cyprus-mail.com. 2024-02-03. Retrieved 2024-06-04.
