The natural gas re-gasification terminal project in Vasilikos has faced cost overruns over the years. Initially estimated at €289 million, the project’s cost rose to €314.5 million after the Anastasiades government agreed to an additional €25 million payment to the CMC consortium, citing increased raw material costs due to the COVID-19 pandemic. This decision was … Continue reading Vasilikos terminal maths – what we’ve paid, what we’ll pay