Greece and Egypt reaffirm the Energy Alliance to connect Africa and Europe with an underwater cable

Greece and Egypt confirmed their commitment Submit an underwater electrical connection The transfer of renewable energy from North Africa to Europe. The Greek Prime Minister, Kiriacos Mitsotakis, and the Egyptian President, Abdel Fattah Sisi, renewed the commitment The talks held in AthensAfter signing cooperation agreements in multiple sectors.
The cable, 3000 megawatts of capacity, It will extend more than 1000 km under the eastern Mediterranean He received the support of the European Union, which will be allowed to choose a large financing of the mass. “This Greece and Europe will allow the import of low -cost energy, especially wind, which you can produce very competitive and export to Europe,” said Mitsotakis.
Project, Its cost is estimated at about 4000 million eurosIt will be operated within five years, according to the ambitious calendar set by both governments. Its goal is to transfer Solar energy and wind It was explicitly developed for the project in Egypt, with the participation of the private sector led by the Greek group Copelouzos.
Sissi highlighted the strategic importance of the project. “It is not just a bilateral issue, however A strategic regional projectBecause it creates a direct link that extends to Europe via Greece. ”We have the European Union’s support for this important initiative.”
Brussels seeks to expand energy associations with the third countries
Through the European Union Great interest in expanding the scope of energy associations With non -member countries Diversify its energy sources And reducing its historical dependence on Russian energy after the large -scale invasion of Ukraine in 2022. Mitsotakis and Sisi also spoke about regional security, immigrant challenges and ways to deepen Egypt’s relationship with the European Union.
“Greece is an unconditional ally of EgyptMitsotakis said, even in matters related to his country’s relationship with the European Union, which confirms Athens in strengthening the narrowest relations between the European Union and Egypt. Explore more energy cooperationFacilitating the expansion of seasonal workers in Greece and improving cooperation in the financial, defense and cultural sectors.