Skip to main content

Egypt to export electricity to Saudi Arabia

An interconnection power line between Egypt and Saudi Arabia is expected to generate important economic benefits for Egypt and boost its aspiration to become a regional energy hub.
The sun is seen behind high-voltage power lines and electricity pylons at a highway northeast of Cairo, Egypt, March 13, 2019. REUTERS/Amr Abdallah Dalsh - RC19CACD69D0

Sabah Mashaly, chairman of the Egyptian Electricity Transmission Company (EETC), told Al-Monitor over the phone that the electricity interconnection project between Egypt and Saudi Arabia will be launched in mid-June.

She explained that the project cost is estimated at about $1.6 billion. The Saudi side bears $1 billion and Egypt will finance the rest, as each country bears the value of the work done on its lands. The project aims to exchange 3,000 megawatt (MW) of electric power daily at peak times, she said.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 per year.