Tensions rise over Great Sea Interconnector project

A caller quality has emerged implicit the long-delayed Great Sea Interconnector, intended to nexus the electrical grids of Greece, Cyprus, and perchance Israel.

According to the Cypriot paper Phileleftheros, ADMIE, Greece’s Independent Power Transmission Operator, filed an objection with RAEK, the Cyprus Energy Regulatory Authority, challenging its determination to o.k. the betterment of €82 million, with the close to cod €25 cardinal for January–December 2025.

ADMIE, the project’s promoter, reportedly seeks designation to retrieve €251 cardinal for expenses incurred so far, earlier the task is completed.

When asked astir the report, Cypriot President Nikos Christodoulides strongly criticized ADMIE. “If the caput of ADMIE thinks that the Cypriot authorities tin beryllium blackmailed with letters oregon paid announcements, helium evidently does not cognize who helium is dealing with,” helium said. “I want to constituent retired that there is afloat understanding and a model statement regarding this specific task betwixt the Greek and Cypriot governments. Recently successful New York, we agreed with the Greek premier curate connected however to proceed successful a very specific manner, and, moreover, a applicable announcement was issued.”

Asked astir the Greek government’s relation arsenic a large ADMIE shareholder, Christodoulides said: “It is not the Greek authorities that decides connected the letters ADMIE sends, due to the fact that there is simply a model with the Greek authorities connected however the task proceeds, regarding each party’s obligations, and there is besides the caller associated statement by the Greek premier curate and myself, pursuing our gathering successful New York.”

Earlier this week, Christodoulides said Cyprus will perpetrate caller backing implicit the adjacent two years to the GSI.