Energy supply and cooperation in the field of energy was among the issues Minister of Energy, Trade, Industry and Tourism, Giorgos Lakkotrypis, discussed with Israeli officials during his recent visit to the neighboring country.
In statements Wednesday, the Minister said that on the agenda of his meetings in Israel were issues concerning the possibility of natural gas supply to Cyprus for electricity purposes as well as an agreement to co – exploit hydrocarbon reserves which are located at the border of the Exclusive Economic Zones of both countries.
The Minister, who was speaking to reporters after the conclusion of the Council of Ministers’ meeting, recalled that the European Commission approved two days ago three projects of common interest which concern Cyprus.
One of them, he said, is a feasibility study for a natural gas pipeline from Cyprus to Greece.
This was discussed, he said, last week during a visit of a Greek delegation to Israel and was also the focus of a discussion held between the Cypriot delegation, that visited Israel some days ago.
“We have made clear that according to our own techno-economic studies, our strategy remains the natural gas liquefaction terminal", he said.
The Minister added that the possibility to have a pipeline from Israel to Cyprus and then to Greece is something that will be clarified by the project of common interest, which was approved by the European Commission.
On the 14th of October, the European Commission announced a list of 250 infrastructure projects that may qualify for €5,85 billion of funding. The energy projects including Cyprus are a cluster Israel - Cyprus – Greece between Hadera and Attica region [currently known as the Euro Asia Interconnector] including the following Projects of Commmon Interest (PCI). Interconnection between Hadera (Israel) and Vasilikos (Cyprus), interconnection between Vasilikos (Cyprus) and Korakia, Crete (Greece) and internal line between Korakia, Crete and Attica region (Greece).
In addition, the Commission announced one more cluster of gas infrastructures and associated equipment for the transportation of new sources of gas from the offshore fields in the East Mediterranean including one or more of the following PCIs: Pipeline from offshore Cyprus to Greece mainland via Crete, LNG storage located in Cyprus [currently known as the Mediterranean Gas Storage]
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