Eight international companies compete to oversee the largest energy project in Cyprus

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energy

The Natural Gas Infrastructure Company (ETYFA) announced that the tender submission stage for the selection of the Owner’s Engineer team regarding the project for the development of the infrastructure for the importing of Liquefied Natural Gas in Cyprus was completed on the 21st of May.

According to a press release, the high level of participation, greatly satisfies ETYFA, as eight proposals were received. The proposals will be evaluated on the basis of the requirements and procedures of the tender and the regulations applicable to public contracts.
Proposals were received from the following companies / consortia:

  1. Consortium of MITAS Generators Ltd, KELBERRY Ltd Joint Venture (MKJV), MT Milan Tractor S.P.A
  2. ABAMBA Ltd (EPCM Consultants SA (Pty) Ltd, Global Maritime Consultancy Limited & iX Engineers (Pty) Ltd)
  3. Joint Venture of Lloyd’s Register, Sofregaz, Rogan Associates
  4. Consortium of Hill International N.V., Bureau Veritas Solutions Marine & Offshore
  5. RINA Consulting S.p.A.
  6. Technip E&C Ltd (TECL)
  7. DNV GL
  8. AMEC Foster Wheeler Iberia S.L.U.

According to the press release, the high level of participation emphasizes, once again, not only the significance of this project at an international level, but also its viability. The challenge at hand now is to complete the evaluation process as soon as possible and to proceed with the selection of the team of experts to oversee the construction of one of Cyprus` most important energy development project.

“The interest in the tender process for the supervision of the construction of the infrastructure for the introduction of LNG to Cyprus as well as the great interest expressed for this important energy project, completely satisfies ETYFA and highlights both the high standard of the project as well as the participants’ confidence in the procedures followed,” said President of ETYFASymeon Kassianides.

As the announcement mentions “the construction and operation of the LNG Terminal is progressing steadily and within the set time frame, leading Cyprus towards a new energy era, reducing energy costs, reducing CO2 emissions and opening up new opportunities for the country”.

The LNG Terminal will include a floating unit for storage and re-gasification of the LNG (FSRU), a pier for the mooring of the floating unit, a pipeline on the pier and other relevant infrastructures. Co-financing for the project expenditure has been secured from the EU and the financial program for the Connecting Europe Facility (CEF).

On December 13, the agreement for assigning the project was signed at the Presidential Palace. Since then, the procedures for the selection of the owner’s engineer, the securing of the supply of natural gas at optimal prices, as well as the procedures for securing the necessary licenses and developing the entire contractual framework for the operation of the project, have been in progress.

Source: CNA