Nexans of France to build Greece-Cyprus-Israel subsea cable

(ANSA-AFP) - NICOSIA, JUL 19 - Cyprus firm EuroAsia Interconnector said Wednesday it had awarded French company Nexans a 1.43 billion euro contract for a submarine electricity cable to connect the grids of Cyprus, Greece and Israel. The EU-backed high-voltage "electricity highway" is set to run for 1,208 kilometres (751 miles) along the Mediterranean sea floor at depth of more than 3,000 metres (9,850 feet). Billed as the world's longest and deepest interconnector project, it aims to "end the energy isolation" of Cyprus and Israel and connect both to the European mainland via the Greek island of Crete.
    (ANSA-AFP).