Chinese-led consortium pulls out of contract to build Cyprus' first natural gas import terminal
- A Chinese-led consortium withdrew from a contract to build Cyprus' first gas import terminal due to the government's alleged failure to pay for completed work this year.
- An official disclosed CPP-Metron's cash flow issue as the reason for the project's incomplete status, leading to a mutual agreement to terminate the contract.
- The CPP-Metron Consortium claimed the Cypriot government did not fulfill payment commitments despite assurances from President Nikos Christodoulides in March.
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Coverage Details
Total News Sources0
Leaning Left5Leaning Right3Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
46% Left
L 46%
C 27%
R 27%
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