The participation of the French company Meridiam in the Great Sea Interconnector (GSI) project, which aims to establish an underwater electricity cable connection between Crete and Southern Cyprus, has been met with disapproval from the Greek Cypriot administration.
While it is noted that the administration is exhibiting a cautious attitude towards the project, the fact that Meridiam holds a substantial 66% stake in the GSI has resulted in delayed approval due to their lack of knowledge regarding the agreement signed in Athens. This situation highlights issues in communication between Athens, Nicosia, and Paris.
The report emphasizes that while the GSI project is expected to end Southern Cyprus’s energy isolation, there are questions about how much support the Greek Cypriot administration is actually providing to this project. Although the Ministry of Energy has expressed support for the initiative, opinions from certain government officials suggest that the Greek side may be considering alternative options.
Additionally, according to an exclusive report by the Kathimerini newspaper, Nicosia is said to be taking a cautious approach during this process, maintaining a distance from the GSI. The outcomes of the discussions surrounding the project remain a subject of curiosity.
While the Greek Cypriot administration emphasizes the importance of the GSI project, it is compelled to contemplate the reasons behind the disruptions in the transition to its implementation.
Source: www.diyaloggazetesi.com
