The EU should undertake a more active role in finding solutions to the challenges faced by the Great Sea Interconnector (GSI) project, Energy Minister George Papanastasiou said on Friday.
The minister said the company undertaking the project appeared to have solutions for the technical aspects, while Greece’s Independent Power Transmission Operator (Admie) and the EU were called upon to solve the financial and geopolitical problems.
“This is what is currently happening,” Papanastasiou told the Cyprus News Agency.
Papanastasiou said Cyprus and Greece referred to the issue during the recent EU energy ministers’ council, where the Cypriot minister said “the EU along with the countries involved must handle any financial and geopolitical challenges.”
Greek Energy Minister Stavros Papastavrou expressed the Greek government’s commitment to move forward with the project and that Europe must actively support the GSI.
Papanastasiou said he held meetings in Brussels to discuss the project and that the regulatory authorities of Cyprus and Greece met on Thursday and reaffirmed their common stance and support for the project.
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