The inauguration of the VLPG consortium’s LPG terminal at Vasiliko is not only a boost to the island’s energy hub but was the final step in removing oil and gas storage facilities from the Larnaca coast, opening the way for its development, President Nicos Anastasiades said on Sunday.
He called the move an “historic landmark for the wider area of Larnaca”.
“This is because, in essence, the operation of the LPG terminal marks the completion of the process of moving the oil, LPG and asphalt installations from the Larnaca coastal front to the Vasilikos energy centre,” he said. In addition to the benefits it will bring to the energy hub, “the way is now officially opened for the full exploitation of a degraded for decades area of Larnaca”, he added.
The VLPG comprises Petrolina Public Company, Eko Logistics, Synergaz and Intergaz, which invested in the area to the tune of 35 million, the president said, without any state contribution.
The LPG terminal has a total capacity of 4,000 metric tonnes and a bottling plant and a unit for the maintenance of LPG cylinders.
“It now brings together almost all the energy infrastructure of our island,” Anastasiades added.
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