Brief: Klaipedos Nafta Submits Binding Bid Proposal In Tender For Development Of The Cyprus Lng Terminal As Part Of Consortium

KN Energies AB

30/07/2019 06:25

July 30 (Reuters) - Klaipedos Nafta AB  KNF1L.VL :
    * HAS SUBMITTED BINDING BID PROPOSAL IN TENDER FOR
DEVELOPMENT OF
THE CYPRUS LNG TERMINAL WITH CONSORTIUM OF SAMSUNG C&T AND POSCO
E&C AND MITSUI O.S.K. LINES AND OSAKA GAS
    * IN CASE OF WINNING TENDER, COMPANY WILL TEAM UP WITH
MITSUI
O.S.K. LINES AND OSAKA GAS TO PROVIDE TERMINAL OPERATOR SERVICES
FOR UP TO 20 YEARS
    * DEFA SHOULD SELECT WINNERS OF THE TENDER LATER THIS YEAR
    * TERMINAL IN CYPRUS IS PLANNED TO START OPERATIONS IN 2021.

Source text : https://bit.ly/2ypIGMo
Further company coverage:  KNF1L.VL 

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