The project for importing LNG to Cyprus must be completed as soon as possible, as every delay costs the Cypriot economy and the consumer huge sums of money, President of the House energy committee, Kyriakos Hadjiyiannis said on Monday.
There were ways to free the country from the entrapment by contractors, as long as the legislature and the executive worked in tandem. Hadjiyiannis was speaking during a visit of members of the energy committee to the construction site of the LNG import terminal in Vasiliko.
He said that this was “a project that has its own issues and as parliament we must have a basic knowledge of where we are in order to exercise parliamentary control much more effectively.”
He added that he believes “there is a huge need for parliament to take a very critical look at this project in a way that we can help, contribute and even strengthen the very issue of transparency to the extent that we can serve it, in view of the arbitration or even the court proceedings that are going on”.
He added that “with full respect for what is going on and the aspects of confidentiality that we have to respect, we have been informed today by various bodies about the progress of the project even if today everything is at a standstill.”
