The President of Egypt Abdel Fattah Al-Sisi and Greek PM Kyriakos Mitsotakis agreed in a teleconference today to speed up the electricity interconnection project of the two countries.

– “Greece and Egypt have an important role to play in this new environment thanks to their capabilities and strategic position,” said Mr. Mitsotakis.
Today , Prime Minister Kyriakos Mitsotakis had a teleconference with Egyptian President Abdel Fattah al-Sisi and the group

The teleconference – attended by Luxembourg President and European Investment Bank President Werner Hoyer – was a follow-up of a meeting between Mr. Mitsotakis and Mr. Al-Sisi on the sidelines of the European Union-African Union Summit in Brussels, 17. February, with the main topic of discussion being the implementation of the Greece-Egypt electricity interconnection project, which is a strategic priority for both countries.

The Prime Minister stressed that the project – based on the Memorandum of Interconnection of Greek and Egyptian Electric Networks signed on October 14, 2021 – will contribute to the diversification of energy sources and roads in Europe and therefore to Europe’s energy security, an issue that is becoming more pressing than ever due to the new landscape created by the Russian invasion of Ukraine.

“Greece and Egypt have an important role to play in this new environment thanks to their capabilities and strategic position. We are the natural bridges between Europe and Africa,” stressed Mitsotakis. The strategic nature of this cooperation for Europe’s energy security, which will turn Greece into a hub for green energy transmission, has been recognised by both the EU and the US.

The project is part of the broader shift to green energy and cooperation plans for tackling climate change between Europe and Africa, provides an alternative to large green electricity supplies for Europe, contributes to peace and stability in the region, promotes excellent bilateral relations, and strengthens Greek-Egyptian cooperation.”