We will not give up on investments in energy capacities abroad because they are important for our economy, said Deputy PM for Economic Affairs Fatmir Bytyqi on Thursday.

Deputy PM Bytyqi, who was quizzed if North Macedonia would abandon its investment in the gas interconnector with Greece after Kosovo’s announcements in this regard, said the country is certain in its commitment to the project.

“We are talking with Kosovo on the interconnector. Kosovo has never said it would make investments in the Alexandroupolis gas terminal. We believe that North Macedonia must make a step forward today, not tomorrow, in order to ensure the economy’s competitiveness. Diversification in energy supply will result in increased competitiveness and growth. Therefore, we are certain in our commitments. The country is investing in an energy capacity abroad for the first time on record and this is a sign of developments in the coming 30 years,” Bytyqi told reporters.

He added that North Macedonia would not lose if Kosovo gave up on the interconnector.

“A loss is when you invest 100 and get zero in return. We are investing 10 and get 100 in return. This may drop to 95 but the profit is still there,” noted Bytyqi.

Source: MIA