In a significant development in the energy sector, Israel’s Minister of Energy and Infrastructure, Eli Cohen, engaged in discussions with his Greek counterpart, Thodoros Skylakakis. The focus of their conversation centered around bolstering cooperation on joint projects, particularly the underwater power cable connecting Israel to Cyprus and onward to Greece. Additionally, both nations reiterated their commitment to the Israel-Europe natural gas pipeline project.
Expressing gratitude for Greece’s support during recent geopolitical events, Minister Cohen highlighted the strategic importance of connecting Israel to Europe through Greece. This collaboration aims to diversify Europe’s energy sources amid a significant energy crisis, contributing to regional stability.
The ministers outlined plans for Skylakakis’s upcoming visit to Israel, scheduled in the coming weeks. During this visit, discussions will culminate in the signing of an intergovernmental agreement dedicated to the energy sector, solidifying the commitment to shared projects.
Minister Eli Cohen conveyed appreciation for Greece’s steadfast support for Israel’s right to defend itself, emphasizing the significance of regional partnerships in times of geopolitical challenges.
The collaborative initiatives, prompted in part by the Russia-Ukraine conflict, align with European countries’ efforts to diversify energy sources. The underwater power cable linking Israel, Cyprus, and Greece, alongside the Israel-Europe natural gas pipeline project (EastMed), represents crucial steps towards regional energy integration.
The ministers also delved into shared challenges faced by their economies in transitioning to renewable energy, fostering marine infrastructure development, and incorporating new technologies into their respective economies. This comprehensive collaboration underscores the commitment of Israel and Greece to advancing sustainable and resilient energy solutions.
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