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> Economy

Electricity interconnection: Athens backs the cable, bringing Israel into the game

Project will go ahead and be completed, says Gerapetritis – Enhancing energy security and regional development – Key points from the trilateral meeting with Cyprus and Israel

Marianna Tzanne March 14 07:38

Greece reaffirmed its full support for the Crete-Cyprus-Israel electric interconnection project, with Foreign Minister Giorgos Gerapetritis declaring yesterday that the project “will go ahead and be completed.” Israel, the cable’s endpoint, is also showing strong backing for its implementation.

Following a trilateral meeting in Athens with his Cypriot and Israeli counterparts, Constantinos Kombos and Gideon Sa’ar, Gerapetritis emphasized the project’s critical role in energy stability and security. He stressed that the GSI interconnection is a project of common interest for the EU and assured that efforts are being made to prevent any obstacles. “We are ensuring that there will be no disruptions to the project,” he stated, confirming that it will move forward as planned.

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His remarks come amid the Greek government’s attempt to de-escalate tensions that had risen in recent days due to geopolitical risks and Ankara’s reaction to seabed surveys in international waters.

Government sources revealed that efforts are underway to bring research vessels back to Greece after their departure to Italy—an order given by the Greek government and ADMIE (Independent Power Transmission Operator) to diffuse tensions. Prime Minister Kyriakos Mitsotakis also sought to ease concerns last week in Parliament, insisting that construction remains on track, despite mixed signals from the project’s French contractor, Nexans.

Athens remains committed to the trilateral partnership, placing particular emphasis on Israel’s role, given its strategic cooperation with the United States. However, despite this alliance, Israel’s involvement in the prolonged negotiations has yet to yield significant results, with the project facing multiple deadlocks over the past months—most notably during this summer’s heightened tensions.

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