Cyprus, Israel, and Greece will sign the long-awaited trilateral agreement on Monday, seen as the final step before construction begins on the €2.5 billion
Cyprus, Israel and Greece on Monday signed an initial agreement on laying the world's longest undersea power cable linking their electricity grids. The project aims to connect the electricity grids of Israel, Cyprus, and Crete in Greece through a 2,000-megawatt undersea cable.
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Cypriot President Nicos Anastasiades, Greek Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu attend the signing of a deal by Cypriot Energy Minister Yiorgos Lakkotrypis, Greek Energy Greek Energy Minister Kostis Hatzidakis and Israeli Energy and Water Minister Yuval Steinitz, to build the EastMed subsea pipeline to carry natural gas from the eastern Mediterranean to Europe, at the Zappeion Hall in Athens, Greece, Jan. 2, 2020. Photo: Reuters / Alkis Konstantinidis.
i24 News – Israel, Cyprus, and Greece on Monday signed an initial agreement on laying the world’s longest undersea power cable linking their electricity grids.
The memorandum of understanding on the 745-mile EuroAsia Interconnector was signed in Nicosia by Cyprus Energy Minister Natasa Pilides and her Israeli counterpart Yuval Steinitz, while Greece’s Kostas Skrekas joined them by videoconference.