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Thursday, April 25, 2024

Royal: Tomorrow the decisions on the demands of the Chinese

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Tomorrow, as “P” is informed, it is expected to be put on the table of the meeting of the Central Committee for Changes and Claims (KEAA) for approval of the revised contract of the agreement between the Republic of Cyprus and the Chinese company China Petroleum Pipeline (CPP) regarding the liquefied natural gas arrival project at Vassiliko. As it is known, the Chinese company that has undertaken the project has requested requirements regarding some provisions of the original contract and in particular in relation to the increases in the prices of raw materials.

At the last meeting of the KEAA held at Presidential Palace last February under the chairmanship of the President of the Republic, Nikos Anastasiadis, it was reported that the Chinese company is asking for claims of 25 million euros with the competent state authorities seem ready to proceed with the requirements in order to proceed significantly. liquefied natural gas arrival project.

Source: politis.com.cy

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