Mon 21 Nov 2016
Cyprus Department of Merchant Shipping acting director Ioannis Efstratiou sets out the east Mediterranean island nation’s LNG-development priorities
The LNG market is firmly embedded within the new shipping strategy that Cyprus’ minister of transport, communications and works recently announced, that aims to consolidate and develop Cyprus’ role in world shipping.
Following the discovery of several sizeable natural gas fields in the eastern Mediterranean in recent years, the opportunity for Cyprus to become an energy hub and leading regional transporter of natural gas continues to flourish.