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[INTERNATIONAL] · Greece, Türkiye, Cyprus · 2 sources

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Great Sea Interconnector project faces geopolitical scrutiny

Energy projects in the Eastern Mediterranean are entering a new phase, specifically regarding the Great Sea Interconnector (GSI) and hydrocarbon exploration. The GSI project, which aims to establish an electrical interconnection between Greece and Cyprus, has seen significant developments following the entry of French firm Meridiam as a major shareholder and an agreement with Nexans for seabed surveys. The next technical steps involve issuing NAVTEX notices and conducting bathymetric surveys to map the cable route.

Simultaneously, hydrocarbon exploration continues in the Ionian Sea and maritime areas south of Crete, involving companies such as ExxonMobil and Chevron.

However, these developments face geopolitical challenges. Turkish diplomatic sources, as reported by Hurriyet, maintain that any research or cable-laying activities conducted by French-flagged vessels in maritime areas where Turkey claims sovereign rights must be coordinated with Ankara. Turkey asserts that such projects require prior communication through diplomatic channels to prevent maritime incidents and ensure cooperation, claiming that no energy project in the region can proceed without its awareness or approval.

Entities

Chevron · ExxonMobil · Great Sea Interconnector · Meridiam · Nexans