The Minister of Environment and Energy, Costas Skrekas, and the Secretary General of Energy and Mineral Resources, Alexandra Sdoukou, met today, Monday, June 6, 2022, with a delegation from Israel, headed by the Chairman of the Regulatory Authority, Mr. Advisor to the Israeli Electricity Network Manager, Shiki Fisher and the Head of the Department of Foreign Affairs, Policy Planning and Strategy of the Ministry of Energy of Israel, Orit Ganor, on the project EuroAsia Interconnector for the Cyprus Interconnection . The meeting was also attended by the President and CEO of IPTO, Manos Manousakis and the head of the Greek delegation to the tripartite project team for the EuroAsia Interconnector, Professor Theodoros Tsakiris.
The two sides discussed the importance of the submarine cable that will connect the electrical systems of Greece, Cyprus and Israel and referred to the strong political will to accelerate the implementation of the project. Mr. Skrekas stressed that the Government has supported the construction of the EuroAsia Interconnector from the very beginning and will continue to do so until its completion. He also referred to the benefits that the project will have for the energy security of the Eastern Mediterranean as it will take Cyprus and Israel out of their energy isolation, giving them the opportunity to develop their potential in terms of RES projects.
The EuroAsia Interconnector cable will have a total length of 1,214 km and a power of 1 GW in the first phase. In January 2022, the European Commission approved funding of 657 million euros for the part of the interconnection of Greece with Cyprus.
The Minister of Environment and Energy, Costas Skrekas, stated: “At a critical geopolitical situation for Europe, the Greece-Cyprus-Israel electricity interconnection is of particular importance. The EuroAsia Interconnector is a project of strategic importance that will enhance energy security and efficiency. Greece is emerging as an energy hub for the Eastern Mediterranean and Southeastern Europe, while Cyprus is emerging from energy isolation. “We are further deepening our strategic cooperation with Cyprus and Israel and taking another important step to enhance stability and prosperity in the wider region.”
Source: Capital
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