Emerging Alternatives in Megaproject Management: the Pioneering LNG Energy Project in Cyprus

• Autorzy: Andrey Afanasiev , Savvas Constantinou , Stelios Georgiou , Olga Kandinskaia
• Języki publikacji: EN

Abstrakty

EN

Aim: The aim of this paper is to contribute to the project management studies by systematization, generalization, and structurization of information about an energy megaproject in Cyprus, as well as to provide practical insights and guidance on how megaprojects can be started and managed in other locations. Design / Research methods: By its research design, this paper is a case study analysis. The major focus of the case study is the decision-making process of the LNG energy megaproject in Cyprus. Conclusions/findings: Even positive emerging alternatives, like the discovery of new natural resources, can delay a megaproject instead of speeding up due to impact on the decision-making process and reassessment of the value creation. Originality/value of the article: The LNG energy megaproject in Cyprus provides a unique example of an emerging strategic alternative that requires a reassessment of the initial approach and its comparison in terms of value creation with the newly appeared opportunity. (original abstract)

Słowa kluczowe

EN

Project management; Liquefied Natural Gas (LNG); Power industry; Energy market

PL

Zarządzanie projektem; Skroplony naturalny gaz; Przemysł energetyczny; Rynek energetyczny

• Czasopismo: Central European Review of Economics and Management
• Rocznik: 2024
• Tom: 8
• Numer: nr 1
• Strony: 39--75

Twórcy

autor

Andrey Afanasiev

• University of Limassol, Cyprus

autor

Savvas Constantinou

• University of Limassol, Cyprus

autor

Stelios Georgiou

• University of Limassol, Cyprus

autor

Olga Kandinskaia

• University of Limassol, Cyprus

Bibliografia

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• Aisyah R. (2017), LNG Regasification Vessel Requirement based on DNV Classification Notes No. 16.3, Chemical Engineering Portal, , January 30, https://missrifka.com/energy/lng/lng-regasification-vessel- requirement.html [16.03.2024].
• Andreou M. (2019), Cyprus LNG import project, a milestone for the Cyprus, Institute of Energy of South East Europe, https://www.iene.eu/articlefiles/andreou%20cyprus%2019.pdf [16.03.2024].
• Aristeidou O. (2020), EBRD supports decarbonisation of energy sector in Cyprus, European Bank for Reconstruction and Development, July 31, https://www.ebrd.com/news/2020/ebrd-supports- decarbonisation-of-energy-sector-in-cyprus.html [16.03.2024].
• Barnes E.J., Hooson S., Ramarao B., Nguyen T. (2017), Review of LNG terminal options shows advantages of FSU facilities, Offshore, September 14, https://www.offshore- mag.com/pipelines/article/16755840/review-of-lng-terminal-options-shows-advantages-of-fsu- facilities

Identyfikatory

DOI

10.29015/cerem.980