Greece, Cyprus, Egypt strengthen energy cooperation

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Greece and Cyprus pledged on Tuesday to link Egypt to the European Union’s energy market

The trilateral agreements signed last week will see Egypt set up undersea cables to supply its solar-powered electricity across the Mediterranean.

“[Egypt’s] link to Europe will be Greece,” Greek Prime Minister Kyriakos Mitsotakis said after talks in Athens with Egyptian President Abdel-Fattah el-Sissi and Cyprus President Nicos Anastasiades.

It marks the ninth round of talks between the three countries’ leaders as they face a global energy crunch that has raised the cost of natural gas, oil, and other fuels. 

Mitsotakis said the project would be a “bridge between Egypt to Europe, allowing [Cairo] to take on a key role in energy security at a time of major turbulence in the energy market.”

“We are seeking diversification of energy sources, and Egypt can also become a provider of electricity, which will be produced mainly by the sun.”

Earlier this year, Greece completed an energy link by undersea cable between its southern Peloponnese region and the island of Crete.

Source: Al Jazeera

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