Turkey itself has extended its territorial waters to 12 nautical miles in the Black Sea and in parts of its Mediterranean coastline since 1964.
Following months of intense efforts by all parties involved, Greece and Cyprus signed a bilateral agreement in September 2024 to expedite the project's progress.
IPTO Managing Director Manousos Manousakis: 'We knew very well that Turkey wouldn't congratulate us for wanting to connect Cyprus with the European network, but specifically with Greece'
Uncertainties persist, particularly in the geopolitical landscape, which has become even more unpredictable following Donald Trump’s election in the U.S.
George Gerapetritis confident ambitious GSI project will proceed without objections by Turkey; cites clear protection under Interntional law
While coming from unnamed sources, the purported comments relate to the latest instance of attempted Turkish interference in a maritime zone claimed by Greece as forming its prospective EEZ
Latest incident north of Crete, in international waters, has a lone Turkish corvette monitoring two maritime vessels, including the Ievoli, conducting research for the GSI project
According to reports, Meridiam SAS is set to acquire a 49.9% share in Greece's ambitious Great Sea Interconnector project.
The agreement is expected to be signed by Greece's and Israel's ministers of energy during a meeting in Athens on Tuesday, according to unconfirmed media reports. The focus will be on broad energy collaborations, including the Great Sea Interconnector project.
The changes to the current legislation involve some crucial political and regulatory modifications
The trilateral meeting mainly focused on international and regional developments, particularly the ongoing war in the Gaza strip.
Progress for the landmark undersea power cable had stalled after disputes between the regulatory authorities of Greece and Cyprus over cost- and risk-sharing
Speaking before the cameras, the Greek PM said Nicosia and Athens were coordinating their actions on the Cypriot issue in the wake of the UN Security Council Assembly.
The meeting between the two leaders will decide the fate of the 2 billion euro Great Sea Interconnector (GSI) project.
Cyprus' cabinet has approved one of the four pending issues regarding the €2 bln Greece-Cyrpus Great Sea Interconnector (GSI) project. Greece's PM Mitsotakis and Cyprus' President Christodoulides will meet in Athens Thursday to discuss the project.
Previous concerns by Cyprus' power regulator over cost-sharing and sustainability in the face of geopolitical turbulance appear to have been overcome
Athens awaits the much anticipated response from the Cypriot government regarding the Great Sea Interconnector project, which involves a power cable linking the grids of Greece, Cyprus and Israel, paving the way for the energy interconnection of the three countries, this week. Cyprus’ decision will regard an agreement draft that was finalized on September 10 […]
The primary difference in talks between Greece and Cyprus over Great Sea Interconnector project appears to be cost-sharing
Both Greek, Cypriot energy ministers merely note that negotiations will continue; Nicosia has tabled reservations over cost-sharing, project's viability
The 2-billion-euro Israel-Cyprus-Greece project, the Great Sea Interconnector (the GSI cable), remains in limbo over financial, geopolitical concerns