Israel, Cyprus and Greece agree to closely cooperate in energy projects
At the end of the trilateral summit between Israeli Prime Minister Benyamin Netanyahu, Cypriot Prime Minister Nikos Anastasiades and Greek Prime Minister Alexis Tsipras in Nicosia on Thursday afternoon, the three leaders issued a declaration including a commitment to jointly carry out projects in the energy sector. The declaration said:
"The discovery of important hydrocarbon reserves in the Eastern Mediterranean can serve as a catalyst for peace, stability and cooperation in the region. To this end, the three countries view the energy sector, and in particular, natural gas and renewable energy, as a solid foundation for cooperation in the Eastern Mediterranean basin."
"We consider that trilateral energy projects, such as the 'EuroAsia Interconnector', are of strategic importance as they will create a mutually beneficial relationship between the energy markets of Israel and Cyprus with those of continental Europe. In addition, we express our strong support to the export of Eastern Mediterranean gas to continental Europe. In this context, we reiterate our readiness to further explore projects such as the 'EastMed Pipeline'. We have agreed to work closely together promoting joint projects, which will enhance the security of energy supply. We invite neighbouring countries to explore possible synergies which can be implemented by working collectively on a regional basis."