Middle East Economic Survey

VOL. LIII

No 51

20-Dec-2010

cyprus

VTTI Seeks Expanded Operations Area At Vasiliko Terminal Site

MEES understands that Vitol Tank Terminals International (VTTI) is looking to increase the amount of land that it has leased for its new 343,000 cu ms (2.14mn barrels) capacity import and distribution terminal at Vasiliko on the southern coast of Cyprus. VTTI has leased 59,000 sq ms of land from the Church of Cyprus for the construction of the terminal which is...