Cairo is in talks to ‘borrow’ Cyprus’ Etyfa Prometheus Floating Storage and Regasification Unit (FSRU) which is undergoing testing off Malaysia after construction in China (MEES, 13 December 2024). With Cyprus’ own LNG import plans heavily delayed, Nicosia has no use for the vessel until end-2025 at best (MEES, 2 August 2024).
“The vessel is still being readied, but Cyprus has received interest from Egypt to certify the FSRU [and use it] for a certain amount of time until we need it in Cyprus,” Energy Minister George Papanastasiou says. Egypt would certify the vessel in exchange for its short-term use, MEES understands. The minister was speaking at a joint press conference on 24 January with Egypt’s oil minister Karim Badawi (see p3). (CONTINUED - 248 WORDS)