Norway’s Hoegh LNG has applied for an import license in Cyprus as part of a move to install the country’s first FSRU.
Cyprus is pushing forward to diversify its energy mix to reach new emission targets for the country’s power production.
The country plans to replace the consumption of refined oil products with cleaner solutions such as LNG.
Hoeghs says that the company’s plan for LNG imports into Cyprus consists of using one of its FSRUs.
The vessel will be a “fast track solution” for the required fuel switching.
The FSRU can stay on location as a bridging solution or for an extended period of time.
It will be serving different customers in Cyprus as well as delivering LNG to other customers in the Mediterranean.
For this planned project, Hoegh LNG is working together with VTT Vasiliko and H4E GasFuel.
VTTV owns an existing jetty in the Vasilikos Port, at close proximity to the country’s power plants, that can be adapted for the FSRU terminal.
Subject to the licence being granted, Höegh LNG expects to be able to start import operations during the first quarter of 2021.