Advertisement

Plans to build gasoline stock

Plans to build a controversial gasoline stock will be cancelled, according to the Prime Minister in an exclusive statement to the newspaper Cyprus Today.

The remarks were made after a meeting of the Council of Ministers last plansWednesday, when the action was taken to revoke earlier decisions, including rent of a 70 donum plot in Kalecik on the east coast to the Swiss-based Rixo Ltd., which planned to build a plant.

PM’s stance angered petrol heads but was welcomed by environmentalists, who have been lobbying to get the permissions previously granted, revoked. Cyprus Today says: We are excited to have gas based investments. In our Ministerial Council Meeting on Monday, we will discuss how such investments can be regulated and prevent new ones from being built.

About Sophia Söderholm 2588 Articles
At the age of ten Sophia moved from Sweden in 1998 and has since lived in several locations around the world including Spain, and has been residing in North Cyprus for four years now. Her educational background is in marketing, hotel management and real estate, and she now works as a real estate agent and is editor in chief for New Cyprus Magazine. If you any questions for Sophia, please write to: sophia@newcyprusmagazine.com.