Cyprus is actively participating in priority corridors of Projects of Common European Interest (PCIs) to achieve its energy policy goals by 2050.

Cyprus contributes to the “North-South Electricity Interconnections in Central Eastern and South Eastern Europe (NSI East Electricity).” These interconnections and internal lines, spanning from North to South and East to West, aim to complete the internal energy market and integrate renewable energy production.

Cyprus is part of the “Southern Gas Corridor (SGC),” a network of gas transportation infrastructures bringing natural gas from the Caspian Basin, Central Asia, the Middle East, and the Eastern Mediterranean Basin to the EU, enhancing energy supply diversification.

Great Sea Interconnector  

This much-anticipated electricity interconnection project will initially have a capacity of 1,000 MW, expandable to 2,000 MW. It will link Israel (Hadera area), Cyprus (Kofinou area), and Crete (Korakia area) via an HVDC submarine cable. The project is expected to integrate Cyprus into the EU energy market, enhance energy security, and reduce carbon emissions. The interconnector consists of two sub-projects:  

- The electricity interconnection between Hadera (IL) and Kofinou (CY)  

- The electricity interconnection between Kofinou (CY) and Korakia, Crete (EL) 
 

CyprusGas2EU Infrastructure  

This project involves a floating storage and regasification unit (FSRU), a jetty for permanent docking, and related infrastructure in Vasilikos, Limassol. It aims to connect Cyprus to the European gas market and end the island’s energy isolation. Implemented by Natural Gas Infrastructure Company Ltd. (ETYFA), it has secured €101 million in EU funding, covering 40% of the eligible costs. The project strengthens energy supply security at both national and regional levels and supports EU energy diversification policies.

Eastern Mediterranean Pipeline (EastMed Pipeline)  

Developed by IGI Poseidon S.A., this subsea pipeline will transport natural gas from the Levantine Basin to the EU. With an initial capacity of 10 billion cubic meters annually, expandable to 20 billion cubic meters, it spans 1,900 km, including 1,300 km underwater. Starting from Israel’s gas fields, the pipeline will pass through Cyprus, Crete, the Peloponnese, Western Greece, and ultimately Italy, where it will connect to the Poseidon pipeline.