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July 14, 2020

Cyprus starts building its 1st natural gas terminal

NICOSIA, Cyprus (AP) — Cyprus said it plans to transition to cleaner and cheaper natural gas for energy generation in two years as work officially began last Thursday to build the east Mediterranean island nation’s first gas import terminal.

Cypriot President Nicos Anastasiades attended a groundbreaking ceremony for the terminal, which with a budget of 289 million euros ($327.5 million) is expected to be the country’s costliest energy project.


 
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