25 international companies interested to supply LNG to Cyprus

The first stage of Cyprus’ Gas Company’s (DEFA’s) tendering process for the supply of liquefied natural gas (LNG) has seen considerable interest from the international markets, the body said.

According to DEFA, 25 suppliers, among the most dominant in the global LNG market, are seeking to supply gas and have submitted the prerequisites to qualify for the next stages of bidding and negotiation.

Bidders / suppliers claiming their participation in the next stages of bidding and negotiating are:

  1. Gunvor International B.V.
  2. Naturgy LNG Marketing Limited
  3. Centrica LNG Company Limited
  4. Endesa Energia S.A.
  5. Cheniere Marketing International LLP
  6. Equinor ASA
  7. Novatek Gas & Power Asia Pte Ltd
  8. Shell International Trading Middle East Ltd
  9. Enel Global Trading
  10. Eni Trading & Shipping S.p.A.
  11. Total Gas & Power Asia Private Ltd
  12. Osaka Gas Kabushiki Gaisha
  13. Powerglobe LLC
  14. Repsol LNG Holding S.A.
  15. Petronas LNG Ltd
  16. BP Gas Marketing Limited
  17. Vitol SA
  18. B.B. Energy (ASIA) Pte Ltd
  19. Mytilineos S.A.
  20. Uniper Global Commodities SE
  21. Marubeni Corporation
  22. SONATRACH and Public Gas Corporation (DEPA) S.A.
  23. Eni SpA (Gas & LNG Marketing and Power)
  24. Glencore Energy UK Ltd
  25. Mitsiu & Co. Ltd.

DEFA, following customary international practice for the supply of LNG, launched an open call for Expression of Interest in June 2019. Through this process, DEFA will prequalify and proceed to contract with the LNG suppliers for the procurement of both “spot” cargos and basic quantities of gas. DEFA is expected to proceed to this next stage of the process at the beginning of the new year.

With regards to the outcome of the evaluation of the tender for the construction and operation of the LNG infrastructure at Vasilikos, no challenge within the deadline was raised with the Tender Review Authority. As scheduled, the Natural Gas Infrastructure Company (ETYFA) will invite the first ranked consortium to sign the contract in the very near future, the announcement said.