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US backs Eastern Mediterranean energy cooperation, eyes Great Sea Interconnector
🇬🇷 Greece /Energy & Infrastructure

US backs Eastern Mediterranean energy cooperation, eyes Great Sea Interconnector

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

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  • The United States supports energy security and cooperation in the Eastern Mediterranean, particularly through the East Med Energy Center.
  • US lawmakers urged the Trump administration to prioritize the Greece-Cyprus-Israel electricity interconnector, linking it to the India-Middle East-Europe Economic Corridor.
  • French investment group Meridiam recently became the majority shareholder in the company established to implement the Great Sea Interconnector project.

The United States has voiced its support for energy security and cooperation in the Eastern Mediterranean, with a State Department spokesperson highlighting the importance of the East Med Energy Center. This backing comes as American lawmakers push for the prioritization of the Great Sea Interconnector, an electricity link between Greece, Cyprus, and Israel.

Members of the US Congress sent a bipartisan letter to Secretary of State Mike Pompeo and the head of the US Development Finance Corporation (DFC). They requested that the Trump administration give precedence to the Greece-Cyprus-Israel electricity interconnector, suggesting it be connected to the India-Middle East-Europe Economic Corridor (IMEC). The lawmakers argued that completing this project serves US strategic interests in the Eastern Mediterranean by strengthening energy cooperation among regional partners.

The United States supports energy security and cooperation in the Eastern Mediterranean, among other things through the East Med Energy Center.

— State Department spokespersonIn a statement to APE-MPE following a bipartisan intervention by American lawmakers regarding the Great Sea Interconnector.

This US stance follows a recent development on August 5th, where the French investment group Meridiam agreed to become the majority shareholder in the company formed to execute and finance the Great Sea Interconnector. This move is seen as a significant step forward in advancing the Greece-Cyprus-Israel electricity link, a project deemed crucial for both geopolitical and energy considerations in the Eastern Mediterranean.

The Trump administration remains committed to strengthening critical energy partnerships, which, as noted, enhance global energy security and contribute to a 'safer and more prosperous future,' with energy sufficiency for the United States and its partners.

— State Department spokespersonHighlighting the administration's commitment to energy cooperation.
DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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