Open

Black Sea Energy Submarine Cable – New Transit Role of Georgia[Over]

March 25, 2023 16:30PM

By Nika CHITADZE, PhD, Director of the Center for International Studies, Tbilisi

The third decade of the 21st century, along with other global events and changes, is remarkable in terms of energy. The global cataclysms and the ongoing war on the European continent have particularly highlighted the political and ecological importance of energy. Despite the vital challenges, Europe is firmly committed to the policy of the Green Energy Agreement and the way to combat climate change.
The reduction of fossil fuels was already a priority of the environmental policy, which was not only changed after the start of the war by Russia but also the sanctions introduced against the aggressor were added. Sanctions mostly apply to energy carriers, which Russia has been using as political leverage for many years. The created situation showed us that Europe needs reliable corridors for the import of the same products along with the production of green energy. This situation opens completely new opportunities for several countries, among which Georgia occupies a key place – Georgia, which is an important link of the middle corridor. READ MORE

EGF Editor
Moderator

• 0 Pros
• 0 Cons