Chinese-led consortium CPP-Metron withdraws from Cyprus gas terminal project due to unpaid costs.
Chinese-led consortium CPP-Metron withdraws from Cyprus' gas terminal project over unpaid costs. Cyprus allegedly failed to fulfill financial commitments made in March. The 289 million euro terminal, aimed at reducing carbon footprint and transitioning to cleaner energy, faced multiple delays, with the consortium accusing the Natural Gas Infrastructure Company of creating obstacles and demanding extra work.
July 18, 2024
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