All stakeholders involved in the Cyprus-Greece electricity interconnection project, dubbed Great Sea Interconnector or GSI, are expected to attend a meeting at the Presidential Palace on Tuesday afternoon. The meeting, scheduled for 3.30pm (Cyprus time), will be chaired by the President of Cyprus Nikos Christodoulides.

Minister of Energy, Commerce and Industry, Minister of Finance, the Deputy Minister to the President are expected to seat at the table on behalf of the Republic of Cyprus, along Greece's Minister of Energy. Representatives from the European Commission, IPTO (ADMIE) and NEXANS, as well as from the Legal Service of the Republic of Cyprus are also joining.

"The importance of the Crete - Cyprus electricity interconnection project both as a strategic project and in terms of its economic dimension and the role it can play in the energy planning of our country and the EU is indisputable", Government Spokesman, Konstantinos Letymbiotis had said in a written statement.

The aim of the meeting is to have all parties present at the same time to provide answers to the Government's clarifying questions and to avoid any ambiguity about the project. However, final decisions on the part of the Government are not expected to be made at the end of the meeting.