On Friday 3 November 2017, the Official Journal of the Republic of Cyprus published the agreement between the two national regulatory authorities on the cross-border cost sharing between Cyprus and Crete-Attica, Greece for the European Union Common Interest Project (CIP), 3.10.2 Interconnection between Kofinou (CY) and Korakia, Crete (EL) and 3.10.3 Internal line between Korakia, Crete and the Attic Region (EL), the official promoter of the EU project having the company EuroAs ia Interconnector Ltd. 5 April 2017 – Grant agreement for the conclusion of the design studies of the EuroAsia line signed today at INEA The strategic alliance has been signed and formalized with Elia Grid International (EGI), a subsidiary of Elia Group, the Belgian-German transmission system operator (TSO). “To verify and monitor the implementation of the Protocol, regular meetings shall be held by ministers or their representatives. EuroAsia Interconnector Project Director George Killas (left) with Didier Wiot, Chief Officer Solutions & Services at Elia Group. Nicosia, 8 March 2021 – The three Energy Ministers of Cyprus, Israel and Greece – Natasa Pilides, Yuval Steinitz and Kostas Skrekas – signed the historic Memorandum of Understanding (MoU) on cooperation in the framework of the EuroAsia Interconnector Project of Common Interest (PCI3.10). Ministers and technical advisers from Cyprus and Israel attended the signing ceremony at the Presidential Palace in Nicosia and the Greek Minister of Energy and Environment participated via videoconference. The Connecting Europe Energy Facility allocates funds to infrastructure projects in the electricity, gas and smart grid sectors, in order to better connect energy networks to an internal energy market in Europe. The Programme shall support the main objectives of the Energy Union by promoting the further integration of the internal energy market, enhancing security of energy supply and integrating energy from renewable sources into the grid. In a joint statement, the three ministers said: “The three ministries recognising the high level of trilateral cooperation in the field of energy between Cyprus, Israel and Greece consider the EuroAsia Interconnector, a project of common interest of the EU, as an important step towards creating the synergies needed to facilitate the integration of additional renewable energy sources into their respective electricity and primary supply packages. This will improve the ability of the three countries to meet their obligations under the Paris Agreement on climate change. .