Economy Minister: EU grants Mutual Interest status to Black Sea Cable project, ensuring legal and economic assistance
Economy Minister: EU grants Mutual Interest status to Black Sea Cable project, ensuring legal and economic assistance

The European Commission has expressed its active support for energy-connectivity projects linking the EU with its neighboring regions, to be completed across the continent by 2035, Georgia’s Ministry of Economy announced.

According to the ministry, the Black Sea Submarine Cable Project, initiated by Georgia and jointly submitted with Romania for Project of Mutual Interest status at the end of 2024, has been included in the European Commission’s newly published list of mutual-interest projects. The submission was accompanied by a formal support document from the European Energy Union.

“On 1 December 2025, the European Commission adopted a delegated regulation and released a list of Projects of Common and Mutual Interest, which includes the Black Sea Cable project. The regulation will now be forwarded to the European Parliament and the Council of the EU for approval. Once approved, PMI projects receive legal, financial, and strategic support from the EU.

The Commission’s Directorate-General for Energy conducted an extensive feasibility study, reaffirming the project’s necessity, significance, and potential,” the Ministry said.

According to the Ministry of Economy, inclusion on the PMI list ensures that the Black Sea Cable project will receive essential strategic, legal, and economic backing.

“This is the first draft legal document showing the European Commission’s readiness to support the project. If adopted as a regulation, the cable project will fall under EU energy legislation and gain access to EU grant instruments dedicated to common and mutual-interest connectivity initiatives,” the statement reads.

The ministry notes that PMI status also provides a major reputational advantage for attracting investment and shaping the project’s business model.

The Black Sea Submarine Cable Project envisions constructing a digital and high-voltage underwater transmission link between Georgia and Europe. The plan includes a 1,155-kilometer line (1,115 km underwater and 40 km onshore) with a capacity of 1,300 MW.

The project aims to strengthen the energy security of Europe and the South Caucasus, expand renewable-energy development, and increase regional transit capacity.

“In July 2024, the Italian consulting firm CESI completed the feasibility study, confirming the project’s technical and economic viability.
The cable project is also included in the 2026–2036 Ten-Year Network Development Plan (TYNDP) of the European Network of Transmission System Operators for Electricity (ENTSO-E),” the Ministry added.