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CAIRO – 8 January 2025: Leaders of Egypt, Cyprus and Greece have agreed on the necessity to develop joint energy projects as they held the 10th trilateral cooperation mechanism summit in Cairo on Wednesday.
“The energy file was strongly present in our talks today,” President Abdel Fattah El-Sisi said in a joint press conference with Greece’s Prime Minister Kyriakos Mitsotakis and President Nikos Christodoulides of Cyprus following their meeting.
Sisi said they agreed on the need for developing joint projects in renewable energy, electrical interconnection, natural gas transportation, and power linkage infrastructure enhancement.
These projects aim to achieve regional integration in this sector and effectively ensure international energy security, which has suffered turbulence amidst latest global crises, the Egyptian president added.
Meanwhile, Sisi unveiled the signing of several memoranda of understanding (MoUs) both at the bilateral level between Egypt and Cyprus as well as at the trilateral level along with Greece.
“I stress the need for effective implementation of these agreements and MoUs, due to their common economic benefits,” Sisi said.
Over the past decade, Egypt, Greece, and Cyprus have advanced their trilateral cooperation across various domains, including in energy, economics, and defense, as well as their political and diplomatic coordination.
This partnership has involved high-level exchanges and multiple summits to advance joint projects and initiatives.
A notable project in this collaboration is the EuroAfrica Interconnector, which is set to establish an electricity link between the grids of Egypt, Cyprus, and Greece through a 1,396 km subsea cable with a total capacity of 2,000 MW, serving as an energy conduit between Africa and Europe.
Furthermore, Egypt and Greece are collaborating on the GREGY project, aiming to create a 3,000 MW submarine cable spanning around 950 km, facilitating the exchange of green and cost-effective energy.
