The President of the Hellenic Republic is visiting the facilities of EKO Cyprus

The president of the Republic of Cyprus Mr. Nikos Anastasiades, made his first official visit to the new state-of-the-art EKO Cyprus fuel storage and handling terminal at Vasiliko.

EKO Cyprus, member of HELLENiQ ENERGY are pioneering leaders, remaining committed to the transition of their facilities away from Larnaca, by developing a state-of-the-art EKO Cyprus fuel storage and handling terminal at Vasiliko in just 18 months, while following the most stringent and latest standards in construction and safety. The total investment was approximately €30,000,000 for a project that makes a decisive contribution to the energy sector in Cyprus.

With the new facility, synergies are being utilized as much as possible for the benefit of the Cypriot consumer and society on the island as a whole.

Apart from the high operations standards, the one thing that differentiates the EKO Cyprus fuel storage and handling terminal at Vasiliko is its energy autonomy. EKO Cyprus, by investing in solar energy, will place a photovoltaic system, which together with energy storage systems, will be able to cover approximately 90% of the current electricity usage of the facility at Vasiliko, making it one of the few energy autonomous facilities in Europe of this magnitude.

Mr George Gregoras, CEO EKO Cyprus, in his statement, said, “Very soon, this installation will be the first in Europe to be energy independent as it combines a photovoltaic system and batteries that store energy, ensuring a reduction of dependency on the nation’s electricity of up to 90%, reducing our energy footprint”.