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Europe Daily Bulletin No. 12618

9 December 2020
Contents Publication in full By article 27 / 33
NEWS BRIEFS / State aid
European Commission approves State guarantee for funding LNG terminal in Cyprus
08/12/2020 (Agence Europe)

08/12/2020 (Agence Europe)On Tuesday 8 December, the European Commission approved a Cypriot measure to issue a state guarantee to secure loans to support the construction of a liquefied natural gas (LNG) terminal in Vasilikos Bay, Cyprus. The Commission felt that construction of the LNG terminal will contribute to market integration, as it will enable Cyprus to connect to trans-European gas networks. The terminal will also improve the security of Cyprus’s energy supply and the...

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