No White Smoke from Summit on Great Sea Interconnector – Negotiations to Continue

No White Smoke from Summit on Great Sea Interconnector – Negotiations to Continue

President Christodoulides Hails Progress in Interconnection Talks

President of the Republic of Cyprus, Nikos Christodoulides, described the decision to hold today’s meeting on the Cyprus-Greece electricity interconnection as a "very good" one, following the talks held on Tuesday evening, September 10th.

In a statement to the press, the President said, "The discussion was very constructive. It helped clarify many issues where there were, if you will, ambiguities, and it wasn't entirely clear. The discussions will continue."

"It was a very good choice, a very good decision to have this discussion. It was very productive," President Christodoulides reiterated.

Work on GSI Must Continue, Says Energy Minister

Cypriot Energy Minister George Papanastasiou said that discussions regarding the Great Sea Interconnector (GSI) project were constructive and must continue to reach a conclusion. These remarks were made after the conclusion of the lengthy meeting at the Presidential Palace concerning the Cyprus-Greece electricity interconnection.

"The meeting was long, and a constructive discussion took place between the parties involved. This is work that must continue, and it will continue," Papanastasiou said after the four-and-a-half-hour meeting. The session was led by President Christodoulides and attended by the Greek Minister of Environment and Energy, the Cypriot Finance Minister, the Attorney General, the head of the Greek power grid operator ADMIE, representatives from the European Commission, and the French company Nexans.

Responding to a question, the Energy Minister confirmed that the discussions between the parties will continue.

When asked whether the parties are now closer to or further from an agreement, Papanastasiou declined to give further details, noting that the Greek Minister of Energy and the rest of the delegation had to depart. "The work must continue," he added.

Responding to another question about whether there are deadlines to conclude the discussions, given reported ultimatums from the Greek side, Papanastasiou stressed, "There are no ultimatums."

"We said that a constructive discussion took place, and we must continue from where we left off today," he noted, adding that he could not provide further information as the work was still ongoing.

Reiterating that the discussions were constructive and would continue, the Energy Minister emphasized the need for more time.

Papanastasiou further stated that he could not disclose any details about what was discussed in the meeting. "I repeat, it was a constructive discussion. The parties understand each other's positions, and the work must continue to reach a conclusion," he said.

GSI Work Continues, Meeting Constructive, Says Skylakakis

Greek Environment and Energy Minister Theodoros Skylakakis also confirmed that work on the Cyprus-Greece electricity interconnection project will continue following the Tuesday meeting at the Presidential Palace. The meeting lasted approximately four-and-a-half hours, and Skylakakis added that negotiations would also continue at a political level.

"As President Christodoulides said, the meeting was constructive. The work continues," Skylakakis stated, noting that he had to return to Athens.

When asked whether common ground could be found to ensure the project's financial viability within the regulatory framework, Skylakakis said he had nothing further to add and that "what we have said is enough for today."

In response to a question about whether he is optimistic that a solution will be found, Skylakakis reiterated that he had no further comments.

Asked if negotiations would continue at a technocratic level, Skylakakis replied that discussions would continue "at a political level, obviously." He concluded by repeating that "our work continues."

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