Economy · Cyprus
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Lebanese Energy and Water Minister Joseph Al-Saddi has emphasized the strategic importance of the proposed electricity interconnection between Cyprus and Lebanon. According to Al-Saddi, this connection could serve as a vital link, facilitating Lebanon's access to Europe via Cyprus and potentially enhancing energy security and trade in the Eastern Mediterranean.
Mihalis Damianou, Cyprus's Minister of Energy, Commerce, and Industry, commented on the need for multiple electrical interconnections for Cyprus, which is currently isolated in terms of energy. He stated that expanding interconnections is essential for the country’s energy landscape. Damianou did not specify the timeline or technical details regarding the interconnection projects with Greece or Lebanon, but he echoed the sentiment that such initiatives could bring significant benefits for both nations involved.
The discussions come amid broader efforts to enhance regional energy cooperation and infrastructure development, with stakeholders highlighting the potential for increased energy trading and stability in the eastern Mediterranean region.
19 July
Lebanon's Energy Minister stated connecting Lebanon to Cyprus and then Europe would be highly beneficial.
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