Urgent promotion of Cyprus-Europe electrical interconnection on U.S. ambassador's agenda
September 7, 2024
The U.S. ambassador to Cyprus called for immediate promotion of the electrical interconnection between Cyprus and Europe, emphasizing the geopolitical importance of the project. She warned that if this opportunity is lost, Cyprus would remain isolated and dependent on fuel oil. However, she did not mention the potential intervention from Turkey that could threaten the project's completion. Stakeholders are calling for changes in the regulatory framework to ensure that the associated risks are borne only by consumers in Cyprus and Greece.