The Vasilikos area is located on the south coast of Cyprus and is the only industrial area of Cyprus with port facilities for dirty cargo's and the potential for expansion to accommodate the emerging oil and gas industry of Cyprus and the Eastern Mediterranean. Currently the Vasilikos area host the biggest power plant of Cyprus,VTTIs petroleum storage facilities, a cement plant, an industrial port and other industrial facilities. The Vasilikos area is also the designated area for the establishment of the LNG liquefaction plant and the Governments petroleum storage facility.
Land position (boundaries on the Vasilikos main Port and direct access to the sea) offers companies the ability to participate directly on the following:
Oil Products trading
LNG trading
Oil and Gas derivative products manufacture
Oil and Gas infrastructure including distribution networks, storage and processing facilities
Provision of services to the offshore industry
Repair and maintenance of offshore installations, vessels and related equipment
Waste to Energy Plant
Power Plant 80MW