GSI to ‘greatly benefit Cyprus’
The Great Sea Interconnector, will “greatly benefit Cyprus, which is energy-isolated” Greek Prime Minister Kyriakos Mitsotakis said on Sunday, but for this to happen, the island “must prove in practice ...
‘No differences with the Greek government regarding GSI interconnector’, says President
President Nikos Christodoulides on Wednesday evening assured that there were no differences with the Greek government regarding the Great Sea Interconnector project.
Greek Deputy Prime Minister Kostis Hatzidakis had earlier ...
Interconnector payment a matter between Cypriot and Greek govts, minister says
The potential payment of €25 million by the Cypriot government to help finance the construction of the Great Sea Interconnector is “a matter between the governments” of Cyprus and Greece, Energy ...
Cable from Turkey to north ‘will not compete’ with Great Sea Interconnector
The planned electricity cable which will link Turkey and the north “will not compete” with the Great Sea Interconnector project, which is planned to link Greece, Cyprus, and Israel, energy ...
Greece expected to ‘fully implement’ GSI
Cyprus expects the project promoter of the Great Sea Interconnector in Greece to implement the project, the energy minister said on Tuesday.
In statements to the Cyprus News Agency, George ...
‘Europe should help solve GSI issue’, says energy minister
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 ...
EU authorities alerted over cable project irregularities
The Audit Office confirmed on Tuesday that it has alerted EU authorities over potentially suspicious financial dealings relating to the project for the construction of a subsea power cable linking ...
Our View: Cyprus should not invest in GSI without guarantee of cheaper power
Energy Minister George Papanastasiou went to Greece on Friday to discuss the Great Sea Interconnector (GSI) project with his Greek counterpart Theodoros Skylakakis. He told the Cyprus News Agency the ...
Mixed messages surround Cyprus’ energy project
News-wise, the Great Sea Interconnector had had quite the week: first the leaking of two reports casting major doubts over the endeavour, followed almost instantaneously by the revelation that a ...
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Study questions if power costs for consumers will fall
A red flag analysis over the Great Sea Interconnector (GSI) project has dampened prospects for its viability, as it questions whether it can actually lower energy costs for consumers.
“It ...
Taqa assures president of interest in GSI
A delegation of United Arab Emirates’ company Taqa has reaffirmed its interest in participating in the Great Sea Interconnector, connecting the electric grids of Cyprus and Greece.
The delegation met ...
Cyprus and Greece sign ‘framework of understanding’ for interconnector
The governments of Cyprus and Greece on Saturday signed a “framework of understanding” regarding the section of the Great Sea Interconnector which will connect Cyprus to the Greek island of ...
Cyprus in ‘advanced consultations’ with UAE over interconnector
Cyprus is in “advanced consultations” with the United Arab Emirates regarding the establishment of a joint company to participate in the share capital of the Great Sea Interconnector, President Nikos ...
Cyprus pledges financial stake in interconnector project
President Nikos Christodoulides and Greece’s Prime Minister Kyriakos Mitsotakis on Thursday reiterated their interest and commitment to implement the electricity interconnector project.
Christodoulides met Mitsotakis in Athens at the ...
State, MPs, former party leader clash over GSI
Before the ink has dried on the government’s decision to approve connecting the electricity grids of Cyprus and Greece, the first warnings of its immense cost was made as ...
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Cyprus participation in GSI green-lit by cabinet
The government on Tuesday green-lit Cyprus’ participation in the Great Sea Interconnector – the commercial name for the mooted subsea electricity cable linking the island to Crete.
The decision was announced ...
Cyprus pressed for GSI decisions
The cabinet will on Tuesday continue discussing the Great Sea Interconnector, as reports on Monday suggested the government is now grappling with the issue of whether the Cypriot state will ...
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Taqa interested in GSI, time not unlimited govt says
Bringing the Emirates into the Great Sea Interconnector (GIS) was at the centre of President Nikos Christodoulides’ trip to Abu Dhabi on Wednesday and the next few days will be ...
Parties split over support for Interconnector
Edek on Wednesday called on the government to convene a meeting with political parties over the Great Sea Interconnector asdiscussions continue with stakeholders about the future of the project.
The ...
GSI ‘technically and financially viable’
The Great Sea Interconnector (GSI) is both technically and financially viable and must go ahead, former finance minister and Disy MP Harris Georgiades said on Monday.
He was speaking as ...
‘People forget what they said a year ago about interconnector’
People “seem to forget what they said a year ago, two years ago, or three years ago” about the Great Sea Interconnector, President Nikos Christodoulides said on Friday.
He was ...