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Egypt aims to export electricity to Europe via Greece

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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. 

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