Nicosia's intention to proceed with new electrical interconnections with neighboring states, strengthening Cyprus' regional role on the energy map, was highlighted by the President of the Republic, Nikos Christodoulides, during his speech at the 13th Energy Symposium.
The President stressed that Cyprus' participation in the "3+1" mechanism with Greece and the US confirms the country's strategic aspiration to be part of energy solutions in the Eastern Mediterranean, with the aim of strengthening energy security and aligning its interests with those of powerful states. As he noted, Cyprus seeks to function as an alternative energy corridor to Europe.
President Christodoulides also referred to the estimates for 2027 regarding the export of the first natural gas from Cypriot deposits through the Kronos-Damietta infrastructure, emphasizing that such a development would constitute a significant milestone and would effectively integrate Cyprus into the EU energy map.
The electricity interconnection with Greece was also a central point of his statement. The President stated that the cooperation between the two countries is a solid strategic choice and that, in full consultation with the Greek Prime Minister, the decision was recently taken to update the economic and technical parameters of the project. This is a critical infrastructure that will connect Cyprus with Europe in terms of energy and enhance long-term security of supply.
"Our position is clear in relation to energy interconnection, while at the same time we are discussing such electrical interconnections with other neighboring states," the President said.
Source: KYPE
