Georgian President hails signing of “deal” on green energy cable as “major historical step”
In her tweet, Zourabichvili said the green energy cable would link the Caucasus region to the European Union, turning the Black Sea into a “European sea” and a “bridge” connecting both sides. Photo: Presidential Administration
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Georgian President Salome Zourabichvili on Saturday welcomed the signing of the agreement on a strategic green energy development partnership between Georgia, Azerbaijan, Romania and Hungary, calling it “a major historical step”.
In her tweet, Zourabichvili said the green energy cable would link the Caucasus region to the European Union, turning the Black Sea into a “European sea” and a “bridge” connecting both sides.
I welcome the signature today of the green energy cable that will link the Caucasus to the European Union as a major historical step. It means that the Black Sea is now a bridge connecting both sides and it is becoming a European sea.
— Salome Zourabichvili (@Zourabichvili_S) December 17, 2022
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The high officials of Georgia, Azerbaijan, Romania and Hungary on Saturday signed an Agreement on the Black Sea Submarine Electricity Cable project in Bucharest, to export green energy to Europe via Georgia, connecting the country and the entire South Caucasus to Romania, allowing the export of green energy to Europe and the strengthening of mutual resilience.
The Black Sea submarine electricity cable is a strategic project of the 21st century, which will change Georgia’s role in the Black Sea region and the international area and will make the country’s energy sector “even more attractive” for investors, Georgian Economy Minister Levan Davitashvili told the media on Saturday.
Georgian Finance Minister Lasha Khutsishvili on Saturday called the signing of a deal on strategic green energy development partnership between Georgia, Azerbaijan, Romania and Hungary a “truly historic” occasion, noting it was a “great opportunity” for Georgia, the [Black Sea] region and the European Union to ensure the energy independence of these countries and make a “significant” contribution to the economic development of the region.
Georgian Foreign Minister Ilia Darchiashvili on Saturday said the country was becoming “one of the crucial” states in production of green and renewable energy.
Georgian Prime Minister Irakli Garibashvili on Saturday said strengthening the interconnections and energy transit capabilities of the region was of strategic importance for the Government, at the plenary session on Strategic Partnership Agreement for Green Energy Development and Transmission.
Romeo Mikautadze, Georgia’s Deputy Minister for Economy and Sustainable Development, on Friday said the country’s domestic electricity production had hit 13 billion kWh this year, a “record-high figure” as well as a 15 percent increase on 2021 figures.
Georgian Deputy Economy Minister Romeo Mikautadze on Saturday said the Black Sea submarine cable international project, initiated by Georgia, was an “object of international interest”.