The intense market competition for LNG supplies confirms that the strategy to acquire an FSRU (Floating Storage Regasification Unit) is the right direction for Cyprus.
More than 25 major international energy companies have expressed interest in supplying LNG to Cyprus, including:
- Shell International Trading Middle East Ltd
- Total Gas & Power Asia Private Ltd
- BP Gas Marketing Limited
- Equinor ASA
- Cheniere Marketing International LLP
- Eni Trading & Shipping S.p.A.
- Petronas LNG Ltd
- Glencore Energy UK Ltd
This demonstrates the strategic importance of Cyprus in the Eastern Mediterranean energy landscape.