Norway's Hoegh LNG is working with oil and gas trader Vitol's business interests on a quick start-up floating storage and regasification unit-based LNG import terminal for Cyprus which could be in operation a year earlier than one planned by state energy company DEFA.
Hoegh said it is working with VTTI Group Co VTT Vasiliko (VTTV), which owns an existing jetty in Vasilikos Port close to the country's power plants, and H4E GasFuel on the project.
