Alternative Options for Cyprus's Participation in the GSI
October 18, 2024
Energy Minister George Papathanasiou indicated that there are alternative options for Cyprus's participation in the Great Sea Interconnector's share capital. He expressed concern over the disparity between the Cypriot and Greek operators regarding investment in electrical interconnections. The government is considering requesting an exemption from the EU for the Cypriot operator to be able to invest. The 'cohabitation' of the operator with the competitive entity may be the reason for this difference.