EU Grants PMI Status to Black Sea Submarine Cable Project

The European Parliament and the Council of the European Union have granted the Black Sea Submarine Cable Project the status of a Project of Mutual Interest (PMI).

Following the granting of PMI status, the Black Sea Submarine Cable Project will fall under EU energy legislation. This means that the project will benefit from simplified procedures for obtaining study and construction permits. The information was released by the Ministry of Economy and Sustainable Development of Georgia.

In addition, obtaining PMI status is highly important for shaping the project’s business and investment model. According to European legislation, approved Projects of Mutual Interest receive active legal, financial, and administrative support from the European Union.

The Black Sea Submarine Cable Project предусматривает the development of a digital and high-voltage submarine transmission network, which will connect the electricity systems of Georgia and Europe. The project includes the construction of approximately 1,155 km of cable (1,115 km submarine and 40 km on land), with a capacity of 1,300 MW.

The implementation of the project will contribute to strengthening the energy security of Europe and the South Caucasus region, support the development of the renewable energy sector, and increase transit opportunities between the regions.

A conducted technical and economic feasibility study has confirmed that the project is technically and economically viable. At this stage, preparatory work is underway for the procurement of seabed survey services in the Black Sea.

The Black Sea Submarine Cable Project is included in the European Network of Transmission System Operators for Electricity’s (ENTSO-E) Ten-Year Network Development Plan (TYNDP) for 2026–2036.