Natural Gas Public Company (DEFA) is working intensively to prepare the documents for a new tender for short term supply of natural gas in Cyprus, Chairman of DEFA Eleni Vassiliadou has told CNA.
"We are working very hard on two key documents and we haven’t stopped even during the holidays," said Vasiliadou, but she did not refer to a timetable.
On December 5, the Cabinet set out the basic terms for the new process. Τhe most important difference is the extension of the period of gas supply to ten or seven years, while DEFA holds the right to extend the length of time for three more years.
"We are working very hard on two key documents and we haven’t stopped even during the holidays," said Vasiliadou, but she did not refer to a timetable.
On December 5, the Cabinet set out the basic terms for the new process. Τhe most important difference is the extension of the period of gas supply to ten or seven years, while DEFA holds the right to extend the length of time for three more years.