Prime Minister: Greece is becoming an energy hub to bring in liquefied natural gas

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Prime Minister: Greece is becoming an energy hub to bring in liquefied natural gasGreece wants to become a net exporter of green electricity to Central Europe

“Greece is becoming an energy hub to bring in liquefied natural gas, not just to cover our country’s needs, but also to provide natural gas for the Balkans, for Central Europe, why not for Ukraine. So in that respect, this role for other countries is becoming very important,” Prime Minister Kyriakos Mitsotakis said in an interview with Bloomberg TV on Tuesday.

He added that Greece wants to become a net exporter of green electricity to Central Europe. “That means we need more interconnections towards Central Europe. But we can also be the intermediary country that will connect Europe to North Africa. We’re talking to the Egyptians. We’re putting forward a very ambitious three-gigawatt cable that will connect Africa to Greece. And of course, to have a three-gigawatt cable you need ten gigawatts of installed renewables to produce the electricity,” he said.

“The economy has been over-performing, and will grow at close to 6% this year,” he stated and added: “This is giving us budget space in order to support our citizens. And of course, we are probably the only country that has been able to recycle profits from energy producers to support our citizens. We have actually taxed -this may sound almost sort of socialist or communist- but we placed a 90% tax on the windfall profits of the electricity producers during the first six months of 2022. So we’re clawing back a significant amount of money from our energy producers to support the businesses and households.”

Read more at thenationalherald.com

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: kees torn

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