Cyprus’ decision still pending over Great Sea Interconnector

Cyprus’ final decision over whether to stump up the required €100 million to partake in the Great Sea Interconnector is still pending, Energy Minister George Papanastasiou said on Tuesday.

The government has been urged for months by stakeholders to make a decision on whether it will participate in the interconnector project which will connect the electricity grids of Cyprus, Greece, and Israel, but Papanastasiou has insisted that the government’s decision will be made only following the submission of a cost-benefit analysis.