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.
