17.12.2022, Bucharest.
A project to fund an underwater electric cable to deliver energy from Azerbaijan to Europe will also be beneficial for Georgia through the territory of which it will be laid, European Commission (EC) President Ursula von der Leyen said at a briefing in Bucharest on December 17.
“This project could bring Georgia great benefits as well. It could transform the country into an electricity hub and integrate it into the EU domestic electricity market,” the EC President said.
She noted that the cable is planned to be laid under the Black Sea. Therefore, its water area will play a crucial role for the EU. According to the EC President, the project will also help supply electricity to Moldova and the Western Balkans.
“Now it is up to us to deliver on security of energy supply and on decarbonising our economies. This is why I very much look forward to the results of the feasibility study that is currently ongoing,” Ursula von der Leyen said.
Leaders of Georgia, Azerbaijan, Hungary and Romania signed an agreement on cooperation in the field of “green energy” at a meeting in Bucharest on December 17. The European Commission President was present at the signing of the document.
Source: Rossa Primavera News Agency
