Strengthening Regional Energy Ties
In a significant step towards regional energy cooperation, Cyprus and Israel have reaffirmed their commitment to advancing joint energy projects. Energy Ministers George Papanastasiou of Cyprus and Eli Kohen of Israel have placed the Great Sea Interconnector, a submarine power cable project, at the top of this year’s agenda.
The announcement came following a meeting in Tel Aviv, where Papanastasiou was accompanied by senior officials. Cohen highlighted the strategic importance of the project, stating that it not only strengthens Israel’s position in the region, but also contributes to the country’s energy independence and offers a solution to Europe’s urgent need to diversify energy sources.
Both ministers emphasized the potential benefits of the interconnector, which would provide Israel with access to backup power from the European grid during emergencies. The discussions also covered initiatives for developing natural gas transmission infrastructure in the Eastern Mediterranean, including the Cyprus Gateway initiative, which aims to channel Israeli and regional gas to Europe.
The urgency of resolving the Aphrodite – Ishai natural gas reservoir dispute was also underscored, as both countries look to expedite a solution. The ministers’ tour of the Reading Power Station in Tel Aviv, alongside energy professionals, underscored their dedication to exploring viable sites for establishing the underwater electricity connection.
Papanastasiou stressed the shared vision between Cyprus and Israel for an Eastern Mediterranean energy sector that promotes regional peace, stability, and prosperity. He pointed out that their discussions focused on ensuring close coordination and the timely completion of the Great Sea Interconnector, which is set to link the electricity grids of Israel, Cyprus, and Greece.
Highlighting Cyprus’ potential role as a natural gas gateway to European markets, Papanastasiou emphasized the importance of developing synergies in infrastructure. He expressed confidence that Cyprus could become an integral part of a reliable East Med energy corridor, contributing to the diversification of sources and routes for European energy supplies.