Israel – Greece – Cyprus Tripartite Energy meeting with 3 projects on the table

For the first time, a tripartite meeting of Energy Ministers of Israel, Greece and Cyprus will be attended by companies from the three countries, putting on the table specific investment plans in the fields of gas and electricity.

Today, the ministerial meeting will take place in Jerusalem, which was provoked by the Minister of Energy of Israel, Karin Elharar. The Minister of Cyprus Natasa Pileidou and the Greek Minister Costas Skrekas will also participate.

The tripartite ministerial meeting will seek to reaffirm the energy cooperation of the three countries, which acquires special importance in the EU effort. to become independent of Russian gas.

According to information available to OT, in the trilateral ministerial meeting  there will be meetings between energy companies of the three countries and it is characteristic that the Greek delegation is accompanied by the CEOs of DEPA Commerce Costas Xifaras, IPTO Manos Manousakis and Energean Mathios Rigas. Corresponding state-owned companies are participating from Israel and Cyprus.

The EastMed pipeline

According to sources, the participation of Mr. Xifaras shows exactly the will of the Greek side to proceed with the ambitious investment plan of the EastMed gas pipeline that will transport quantities of fuel from Israeli fields to Cyprus and Greece and then to Europe. It should be noted that DEPA together with Edison are running this project. Its maturation is proceeding normally by the two companies, which have even proceeded using a  special vessel with seabed explorations in the sea areas from where the pipeline will be laid.

EastMed came to the fore again after the war in Ukraine and last week Prime Minister Kyriakos Mitsotakis in a meeting he had with the EU Energy...