Kyriakos Mitsotakis describes the French investment group Meridiam’s entry into the Great Sea Interconnector as a “strong vote of confidence” in Greece’s energy infrastructure.
This project has entered a new phase, and developments are expected soon.
“The project will end Cyprus’s energy isolation by connecting the island to the Greek grid, while also strengthening Greece’s role as a key energy hub in the region and paving the way for the use of more clean energy from renewable sources.”
Kyriakos Mitsotakis – Prime Minister of Greece
Next Step
What will follow in the immediate future is the resumption of marine surveys to complete the bathymetric measurements and determine the cable route.
A cable that will connect—in the first phase—Cyprus with Crete, and by extension, Cyprus’s power grid with the European power grid.
Now—following the Greek Prime Minister’s political statement—a NAVTEX is also expected to be issued by the Greek authorities to resume surveys in the maritime area between Crete and Cyprus, by French vessels.
Turkish reaction
The big question is whether Ankara will, of course, react to the issuance of the Navtex.
It should be recalled that nearly two years ago, Turkey reacted strongly to the surveys that had begun east of Crete, resulting in the suspension of operations being conducted by an Italian vessel.
All this comes as Ankara asserts that the island’s electrical interconnection will first be established by Turkey itself via the occupied territories to the Turkish coast—a project currently under study.
This was commented on by the so-called Prime Minister Ünal Ustel.
“We are resolutely continuing our investments in sectors ranging from natural gas to interconnected electricity.”
Unal Ustel – So-called Prime Minister of the occupied territories
A project which, according to reports in the Turkish press, is expected to be completed before 2030.
See the report by Giorgos Chrysanthos: