The potential of the Eastern Mediterranean, but also Cyprus and Greece to contribute to the decoupling of the EU from Russian gas,[/B] jointly stressed President Nicos Anastasiades and Greek Prime Minister Kyriakos Mitsotakis at the meeting of the EU Mediterranean Member States (EUMED9) held in Alicante, Spain.
- EUMED9[/URL][/B]
"To achieve the above objective, I underlined once again that the Eastern Mediterranean can be an alternative energy corridor for the Union", President Anastasiades said at a joint press conference after the meeting.
As he said, Cyprus, building on the partnerships it has developed with Egypt, Israel, Greece, is focusing on creating a viable regional gas market, supplying the European Union with sufficient quantities in the near future, and in the medium and long term with renewable energy sources and hydrogen.
He also noted that the Eastern Mediterranean Gas Forum and the creation of electricity interconnection networks, with the implementation of important projects such as the EuroAsia and EuroAfrica Interconnector, play an important role in the successful realisation of this objective.
The importance of Greece's hydrocarbon exploration, as well as the deposits already discovered in Cyprus, Israel and Egypt, for Europe's energy autonomy from Russian gas, was highlighted by Greek Prime Minister Kyriakos Mitsotakis.
"Greece is moving very fast in new hydrocarbon exploration, southwest of Crete, southwest of the Peloponnese and in combination with important deposits that have already been discovered in Cyprus, Israel and Egypt, we can contribute to help Europe become independent from Russian gas more quickly, possibly, than we estimated," he said.
He stressed that Greece and Cyprus share the view that the Eastern Mediterranean basin offers significant potential for Europe in its efforts to diversify its gas supply.
Source: CNA
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