Italian energy engineering giant Saipem and a joint venture between China Harbour and Cypriot firm Cyfield are among six contractors vying to complete the stalled Vassiliko liquefied natural gas (LNG) terminal, state infrastructure officials confirmed on Friday.
The deadline for expressions of interest expired at noon on Friday for the €180 million project, which is being managed by the Natural Gas Infrastructure Company (ETYFA), a subsidiary of the Natural Gas Public Company (DEFA).
State authorities are seeking a replacement contractor to finish the terminal following the departure of Chinese firm CPP, which unilaterally terminated its contract and withdrew from the site.
Among the international applicants is Saipem, an Italian multinational that reported a turnover of €15.5 billion in 2025 and employs over 30,000 people worldwide. Saipem has prior operational history in the region, having participated in offshore gas drilling campaigns within Cyprus’s exclusive economic zone and neighbouring waters.
China Harbour, a Chinese state-owned enterprise with no direct operational link to former contractor CPP, submitted its expression of interest in partnership with Cyprus-based construction group Cyfield.
Three major Greek infrastructure companies with prior project experience in Cyprus—Terna, Avax, and Archirodon—also submitted preliminary applications, alongside Norwegian energy technology specialist ECOnnect Energy.
ETYFA will evaluate the preliminary applications before inviting selected candidates to submit full technical and financial tenders.
The tender requirements and terms are being finalized in coordination with international engineering consultant Technip Energies, which is advising the state company on the completion of the Vassiliko project.
