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Athens Macedonian News Agency: News in English, 13-08-08
CONTENTS
[01] Greece, Cyprus and Israel sign energy, water memorandum
[01] Greece, Cyprus and Israel sign energy, water memorandum
ANA-MPA - Greece, Cyprus and Israel signed a memorandum of mutual
understanding to cooperate in energy and water resources, in Nicosia
on Thursday afternoon.
Cyprus Energy Minister Giorgos Lakkotrypis described the memorandum
as being of decisive significance while Greek Environment, Energy and
Climate Change Yiannis Maniatis said the three countries were entering a
significant and creative stage and Cyprus and Greece were consolidating
their positions in the area as factors of stability.
Israeli Energy and Water Resources Minister Silvan Shalom said the
cooperation would result in lower electricity cost for Cyprus in this
and other, consecutive projects.
All three expressed support for the EuroAsia Interconnector plan to
link energies among the three countries by an underwater cable with a
capacity to convey 2,000 MW of electric power. The project is expected
to finish in 2016, is partly funded by the EU, and is expected to cost
around 1.5 billion euros.
(In photo, from left to right, Maniatis/GR, Lakkotrypis/Cyprus,
Shalom/Israel)
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