Georgian Economy Minister highlights strategic importance of Black Sea submarine cable project at Athens Energy Summit

Mariam Kvrivishvili, the minister of economy and sustainable development of Georgia, on Thursday reviewed energy connectivity, Europe’s energy security, and the strategic role of the Black Sea submarine cable project during a panel discussion held in the Greek capital, Athens.

Kvrivishvili was one of the keynote speakers at the panel titled Delivering 2030 - Leadership Commitments for the Energy Transition, organised within the framework of the energy summit.

According to the minister, the Black Sea submarine cable project is among the most strategic initiatives launched by Georgia, not only for the country itself but for the wider region.

“This is one of the most strategic projects initiated by Georgia, not only for our country but for the entire region. The 1,300 MW submarine cable will directly connect Georgia to the European Union market. We discussed cooperation and the importance of countries joining efforts to strengthen one another, improve connectivity, and support trade relations. The energy sector is an excellent instrument for uniting forces and further expanding broader industries and economies”, Kvrivishvili stated.

The minister noted that the project’s economic feasibility study has already been completed. Construction of the cable is expected to begin within the next two to three years, while the project is scheduled to become operational in 2031-2032.

According to Kvrivishvili, the Black Sea submarine cable project aligns closely with the Green Energy Corridor, a joint initiative between Georgia and Azerbaijan that extends beyond the regional framework and aims to strengthen energy cooperation with European Union member states.