Black Sea Submarine Cable project
Sector: Government • Location: Georgia
Source: Georgia Today
The Black Sea Submarine Cable project involves laying a submarine cable across the Black Sea. The project has entered a new technical phase with ongoing geophysical and geotechnical studies of the Black Sea bed using specialized vessels. It has undergone a full technical and economic feasibility study confirming its viability and strategic importance. The project is supported by the European Energ
- Status
- Under Construction
- Sector
- Government
- Location
- Georgia
- Updated
- 22 Jul 2026
- Source
- Georgia Today
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Project Information
Participants
Sponsoring Agency |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Black Sea Submarine Cable project involves laying a submarine cable across the Black Sea. The project has entered a new technical phase with ongoing geophysical and geotechnical studies of the Black Sea bed using specialized vessels. It has undergone a full technical and economic feasibility study confirming its viability and strategic importance. The project is supported by the European Energy Community and has been recognized as a Project of Mutual Interest (PMI), which is expected to simplify licensing and accelerate future stages. The total investment is around €3.5 billion, with potential grant funding covering 30-75% of the cost. Several major European and Asian investors have expressed interest in participating. |
Original sector | Energy |
Budget |
Location
Country | Georgia |
Source
Source | Georgia Today |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-12-11 |
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