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The first stage of Cyprus’ Gas Company’s (DEFA’s) tendering process for the supply of liquefied natural gas (LNG) has been completed, recording considerable interest from the international markets. According to DEFA, 25 suppliers, among the most dominant in the global LNG market, are seeking to supply gas to the Gas Company and have submitted the prerequisites to qualify for the next stages of bidding and negotiation. “The intense market competition for LNG supplies confirms that the strategy to acquire an FSRU …
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