‘The Electricity Connection will contribute towards lifting the energy isolation of Cyprus and connecting the national electricity transport system with the respective European ones. A work of strategic importance for Cyprus, Greece, but also the whole of the EU,’ a joint statement read.
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IIRC, Cyprus uses oil generation – some islands do that – which I imagine is not cheap, so this is probably an economic win for Cyprus as long as Greece can transport at reasonable rates.
kagis
Okay, not all, but looks like 85% oil:
