East Med at the heart of Greece – Cyprus – Israel trilateral meeting

East Med at the heart of Greece – Cyprus – Israel trilateral meeting

Athens, September 29, 2016/Independent Balkan News Agency

By Spiros Sideris

The gas pipeline East Med, which is designed to transport gas from the deposits in the Eastern Mediterranean to Europe via Greece, the electric interconnection of Israel – Cyprus – Greece through Crete and the new LNG station in Alexandroupolis, were the focus of discussions at the meeting they had Wednesday in Athens the Greek Environment and Energy Minister, Panos Skourletis, the Minister of National Infrastructures, Energy and Waters of Israel, Yuval Steinitz and the Minister of Commerce, Industry and Tourism of Cyprus, George Lakkotrypis.

In the meeting it was agreed that the next steps in the promotion of the projects include at the end of October the presentation of economic and technical study for the underwater gas pipeline, while in December in Jerusalem will take place the Heads of State meeting.

As regards the electrical interconnection, there was also was particular discussion of the project, with the interconnection of Crete and mainland Greece included in the planning of ITSO.

In his statement, Skourletis stressed that cooperation between the three countries creates stability conditions for the region, which is extremely important nowadays and emphasized that the discussion highlighted the ability of Greece to become the European Union gateway for natural gas.

Steinitz stressed that cooperation between the three countries is better than ever, and not only in the energy sector, pointing put that the electrical connection will improve security of supply and added that the subsea gas pipeline is under examination and the first discussions with the European Commission have already started.

“The aim is to make the Eastern Mediterranean essential for the EU and the EU necessary for the Eastern Mediterranean”, Lakkotrypis said on his part, who noted further that the discussion does not only concern the gas quantities that have been discovered, but also future prospects with the new investigations for hydrocarbons.