Greece and Israel have signed an agreement to boost regional energy stability and advance innovative projects in the Eastern Mediterranean and EU. The accord, formalized by Greek Energy Minister Theodoros Skylakakis and Israeli Energy Minister Eli Cohen, plans to establish a "green" electricity corridor from Israel to the EU via Greece, highlighting its strategic significance for the region.
Tag: energy agreement
Israeli Energy Minister Eli Cohen has canceled his planned visit to Athens where he was due to sign a significant energy agreement with Greece. The cancelation was due to a critical cabinet meeting on a ceasefire with Hezbollah. The agreement, focusing on the Greece-Cyprus-Israel electrical interconnection project and broader energy collaborations, remains unscheduled.
Greece and Cyprus have reached an agreement in principle to advance the Greece-Cyprus-Israel underwater electrical interconnection project. The deal includes key financial provisions and could secure the project's viability, pending decisions from Cyprus's Energy Regulatory Authority this week.