
The government on Monday revealed it is asking for an extra €70 million to complete works at the liquefied natural gas (LNG) terminal at Vasiliko, a project plagued by delays and the Chinese contractor’s walkout last year.
Energy Minister George Papanastasiou told MPs the €70 million will be done through increasing the share capital of Etyfa – the state-run natural gas infrastructure company – by the corresponding amount.
The additional