**Damianos Assures US Support for GSI and Natural Gas Extraction**
Energy Minister Michael Damianos has confirmed that Cyprus enjoys strong support from the United States regarding its energy initiatives, including hydrocarbon extraction and electricity interconnections. His remarks came during a series of meetings held in Houston, Texas, where discussions focused on energy developments in the Eastern Mediterranean region.
Describing the week as a “big week of contacts,” Damianos spoke to the Cyprus News Agency about the significance of the discussions that took place alongside the Eastern Mediterranean Gas Forum and events organized by the Atlantic Council. The meetings involved senior US officials, regional energy ministers, and representatives from major energy companies, highlighting a collaborative approach to energy security in the Levant.
Among the key figures Damianos met were US Secretary of Energy Chris Wright and White House energy adviser Jarrod Agen. He also engaged in discussions with Egyptian Minister of Petroleum and Mineral Resources Karim Badawi. These interactions were part of the 3+1 cooperation format that includes Cyprus, Greece, Israel, and the US, aimed at enhancing regional energy cooperation.
During his bilateral meeting with Secretary Wright, Damianos emphasized that the US has expressed support for Cyprus' broader energy agenda. He stated, “It was reaffirmed that the energy plans of Cyprus are within the framework of cooperation, understanding, and support from our partners in the region, Israel and Greece, but also with the support of the USA.” This endorsement is seen as crucial for advancing Cyprus’ energy planning and development objectives.
The discussions encompassed various topics, including hydrocarbon extraction and electrical interconnections, with particular emphasis on the Gas Supply Interconnection (GSI) project and the International Mediterranean Energy Connectivity (IMEC) initiative. Damianos highlighted that the American side's support is instrumental in pursuing these projects, which are vital for regional stability and energy security.
In light of criticism regarding agreements with hydrocarbon companies, the minister asserted that the Cypriot government is adopting a more direct approach with operators in its exclusive economic zone. He clarified that Cyprus will not incur costs related to hydrocarbon extraction, stating, “Cyprus will not contribute a single cent; it will simply take its share of the extraction.” Currently, Cyprus does not receive any revenue from its natural gas resources, making it imperative for the government to ensure that projects are conducted in a manner that protects national interests.
Damianos stressed the importance of moving forward with extraction activities that benefit the Republic while taking into consideration all relevant factors. “We must proceed with extraction within reasonable limits and for the benefit of the Republic, taking into account all factors. We have American support, and we must proceed,” he said.
Additionally, the minister announced the establishment of a new Eastern Mediterranean Energy Centre, which aims to serve as an important platform for cooperation in education, training, and technical expertise among participating countries and institutions. This initiative is expected to further enhance collaboration in the energy sector and support the development of human resources in the region.
Overall, the meetings and discussions held during this significant week underscore the commitment of Cyprus to advance its energy projects with the backing of key international partners, particularly the United States. As the country looks to capitalize on its natural gas resources, the assurance of US support could play a pivotal role in shaping the future of energy security in the Eastern Mediterranean.