EuroAsia Interconnector

The European Commission remains vigilant regarding developments in the project for the power connection between Attica and Crete, and sources say it is determined to exhaust all avenues for it to proceed as a project of common interest (PCI).

European concerns about China strengthening its presence in the Greek energy market appear to have played a key role in blocking the electricity interconnection between Crete and the power grid on mainland Greece.

The major project of the electrical interconnection between Crete and Greece's mainland grid is under threat following the sudden end to the cooperation between the Independent Power Transmission Operator (ADMIE) and the EuroAsia Interconnector for the project's joint construction.

CESEC initiative is an indisputable example of successful regional cooperation. I am pleased that within the framework of the Bulgarian Presidency of the of the Council of the EU, Sofia is hosting the fifth annual Meeting of the High Level Group on Central and South-Eastern Europe Connectivity, Energy Minister Temenuzka Petkova said.

Prime Minister Alexis Tsipras has described the construction of the East Med gas pipeline as a project reflecting the significance of the geo-strategic cooperation between Greece, Israel and Cyprus.

Security is tight on the island as the leaders of Cyprus, Greece, and Israel hold a trilateral meeting at the Presidential Palace Tuesday, with police setting up road blocks and flying helicopters non-stop.

The leaders of Greece, Cyprus and Israel are holding a summit meeting in Nicosia on Tuesday to discuss energy-related issues.

Prime Minister Alexis Tsipras, President Nicos Anastasiades and Prime Minister Benjamin Netanyahu are expected to focus on plans for an ambitious Mediterranean undersea natural gas pipeline project that will export much of Israel's gas reserves to Europe.

Ahead of Tuesday's trilateral summit between leaders of Greece, Israel and Cyprus in Nicosia, Israeli Prime Minister Benjamin Netanyahu said they will discuss the feasibility of constructing a gas pipeline leading to Italy.

Greek Prime Minister Alexis Tsipras held a telephone conversation with his Israeli counterpart Benjamin Netanyahu, reports said Wednesday.

The two leaders reportedly discussed the upcoming trilateral summit in Nicosia, tensions in the Eastern Mediterranean, and ongoing developments in the Middle East.

No more information was immediately available.

The European Commission supports the construction of a gas distribution center in Bulgaria, EU Energy Commissioner Maroš Šefčovič said during an energy conference in Sofia, part of the events related to the Bulgarian Euro-Presidency.