Egypt’s electricity deal with Cyprus, Greece brightens energy outlook
Egypt has signed an agreement with Cyprus and Greece to build undersea electrical cables allowing it to export electricity to Europe.
Egypt has signed an electricity interconnection framework agreement with Cyprus and Greece to establish a subsea cable called the EuroAfrica Interconnector linking the three countries.
The agreement was signed on May 22 by EuroAfrica Interconnector Limited CEO Nasos Ktorides and chairman of the Egyptian Electricity Transmission Company Sabah Mohamed Mashal.
According to the project developer, EuroAfrica Interconnector Limited, the 2,000-megawatt cable will be connected from Egypt to continental Europe via Cyprus, making Egypt an energy hub for Africa and link it to the European continent.
The cable will run from Egypt to Cyprus, from Cyprus to Crete and from Crete to Attica in Greece.
