Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    US employment cost index 3.6% up in year to June 2025    Egypt welcomes Canada, Malta's decision to recognise Palestinian state    Pakistan says successfully concluded 'landmark trade deal' with US    Sterling set for sharpest monthly drop since 2022    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt, Greece, Cyprus strengthen energy cooperation
Al-Sisi says tripartite electrical agreement, preliminary step towards connecting with rest of Europe
Published in Daily News Egypt on 19 - 10 - 2021

Egypt, Greece, and Cyprus further strengthened energy cooperation with the signing of two memoranda of cooperation on the interconnection for the transmission of electric power, in Athens, on Tuesday. President Abdel Fattah Al-Sisi asserted Egypt's interest in strengthening energy cooperation with Cyprus and Greece, whether with renewable and non-renewable energy sources.
Al-Sisi's remarks came during a joint conference on the sidelines of the ninth Tripartite Summit between Egypt, Cyprus and Greece.
The Egyptian president said that this agreement is a preliminary step that brings the three countries closer to their common goal which is achieving an electrical connection with the rest of the European continent.
He asserted the need to agree on a mechanism to establish a marine pipeline to transport natural gas from the Cypriot Aphrodite gas field to the Egyptian liquefaction plants in Damietta and Idku. Afterwards, the liquefied natural gas (LNG) will be transferred from Egypt to Greece, and later to many European countries.
Al-Sisi added that this agreement will solidify the position of the East Mediterranean Gas Forum as a reliable entity. It will also maximise the benefit of member states and peoples of the region from natural gas reserves and hydrocarbon resources in the Mediterranean.
Meanwhile, the Greek Prime Minister, Kyriakos Mitsotakis, said that the trilateral cooperation established by Greece, Cyprus, Egypt "is a beacon of stability" in the Eastern Mediterranean on issues ranging from energy and tourism to the protection of the environment and high technology, trade and shipping.
He added that Egypt plays a pivotal role in the transmission and distribution of energy sources, stressing that the north African nation is capable of being a major energy supplier.
"Energy is now becoming a bridge between Egypt and Europe," Mitsotakis said.
The Greek Prime Minister continued by saying that the three countries share a common position on regional issues, adding "we must praise Egypt's position in dealing with the issue of illegal immigration."
The Greek Prime Minister added that the three countries agreed on the need to hold the Libyan elections in December, as a step to bring stability.
The Cypriot President, Nicos Anastasiades, said that an agreement has been reached with Egypt and Greece in addressing common challenges and combating terrorism.
"The three countries stressed the importance of dialogue to resolve the disputes in the region," asserted Anastasiades.
The Egyptian Presidency Spokesperson Bassam Rady said that "Athens Summit aims to build upon what was achieved in the past eight summits and to follow up on the projects being implemented within the tripartite cooperation mechanism."
He explained that the summit reinforces and deepens political consultation over ways of facing joint challenges in the Middle East and the Eastern Mediterranean region.
Rady added that the summit also reflected a mutual commitment to establish fruitful projects in various economic, cultural, security and military sectors. It also aims to address urgent challenges and crises such as forest fires, the health and economic repercussions of the coronavirus (COVID-19) pandemic.
The three leaders also discussed the joint cooperation projects in the sectors of energy, gas, electricity, tourism, transport, and agriculture, emphasising their goals to strengthen cooperation in several vital sectors such as the environment and confronting climate change.


Clic here to read the story from its source.