The assignment has been given to a multinational consortium led by China Petroleum Pipeline Engineering Corporation (CPPEC). The floating storage regasification unit (FSRU) includes onshore pipelines and additional facilities will be built at Vassiliko Port. The FSRU will have 125,000 m3 of storage capacity while being capable of unloading LNG carriers ranging from 120,000 m3 to 217,000 m3. The project’s value is €500 million and is co-financed by a 40 percent grant from the European Union’s Connecting Europe Facility (CEF), which is scheduled for completion in 2021.