US Backs East Mediterranean Energy Projects, GSI Cable Link
The State Department backed Eastern Mediterranean energy security as Congress urged support for the Great Sea Interconnector linking Greece, Cyprus, and Israel's electricity grids.
According to Kathimerini (EN), a State Department spokesperson confirmed the administration’s support for regional energy cooperation, specifically highlighting the Eastern Mediterranean Energy Center as a key framework for these efforts.
The spokesperson emphasized that the Trump administration remains committed to strengthening key energy partnerships that bolster global energy security and contribute to regional prosperity and stability, as quoted by the Athens-Macedonian News Agency on Monday.
The statement arrives in response to a congressional letter directed at Secretary of State Marco Rubio and the US International Development Finance Corporation, calling for American backing of the Great Sea Interconnector. Lawmakers framed the massive infrastructure project as directly aligned with core US strategic interests, particularly its role in the India-Middle East-Europe Economic Corridor.
French Investment Firm Secures Major Stake
The diplomatic developments follow closely on the heels of a significant commercial milestone. French investment company Meridiam finalized an agreement on August 5 to acquire a majority ownership position in the development company overseeing the interconnector project.
The Great Sea Interconnector represents one of the most ambitious energy infrastructure initiatives in the Eastern Mediterranean, designed to link the electricity grids of Greece, Cyprus, and Israel. The project has garnered attention from both American policymakers and international investors as a critical component of regional energy independence and security architecture.
Congressional support for the interconnector underscores growing recognition in Washington of the Eastern Mediterranean’s strategic importance, particularly as European nations seek to diversify energy sources and reduce dependence on unreliable suppliers.
With information from Kathimerini (EN)
