Energy Egypt aims to export electricity to Europe via Greece By Pramod Kumar September 4, 2022, 7:40 AM Creative Commons The cooperation consolidates Egypt’s position as a regional hub for energy trade, says official government spokesperson. Egyptian President Abdel Fattah Al-Sisi discussed joint cooperation with the Greek energy and infrastructure firm Copelouzos Group to establish clean energy production and transmission projects to serve Egypt, Greece, African and European continents, Egypt Today reported. The cooperation consolidates Egypt’s position as a regional hub for energy trade, said Bassam Rady, official spokesperson for the Presidency of the Republic. The meeting reviewed electricity production projects from renewable energy sources in Egypt and means to export to Europe via Greece by establishing a submarine cable for electrical linkage between the two countries. In October 2021, Egypt, Greece and Cyprus signed an agreement to link their electricity grids towards connecting the three nations’ grids with the rest of Europe through a 1,396 kilometres long undersea cable at the total cost of $2.7 billion. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later