A three-member delegation from the European Investment Bank is currently holding talks in Cyprus to examine the repercussions of the destruction of the Vasiliko power plant.

According to Acting Spokesman for the Electricity Authority Ioannis Tsouloftas, the delegation had a meeting with the Director General of the Electricity Authority of Cyprus, and this afternoon it will visit the island’s main power plant, Vasiliko.

Tomorrow, the delegation will confer with EAC officials, the Minister of Commerce, Industry and Tourism, as well as the Ministry of Finance, to discuss the damage caused to Vasiliko and the impact on the natural gas project.

On Thursday, the EIB delegation will examine issues concerning the EAC’s economic forecast for 2011-2015, following the Vasiliko damage, and the financial needs of the Authority.

Thirteen people were killed and dozens were injured when a massive explosion occurred at the naval base, Evangelos Florakis, near Limassol, on the southern coast, in the early hours of July 11th. The blast badly damaged the island’s main power plant, at Vasiliko, resulting in daily power cuts.

The blast occurred in containers, full of munitions, which Cyprus had confiscated from “Monchegorsk“, a vessel sailing from Iran to Syria in 2009. Nicosia was acting in accordance with UN sanctions against Teheran.

A one-man investigation commission, set up by the government, is already examining the circumstances that have led to the massive explosion.