Egypt, Cyprus, Greece Discuss Energy in Tripartite Meeting

Egypt, Cyprus, Greece Discuss Energy in Tripartite Meeting

The Egyptian foreign minister, Sameh Shoukry, has held talks with his Greek and Cypriot counterparts Nikos Kotzias and Nikos Christodoulidis regarding energy cooperation, Egypt Oil & Gas reports.

The tripartite meeting, which took place in Cairo, discussed the upcoming summit that is expected to be held in Greece later this year.

The three ministers reviewed the progress in implementing several joint projects including the EuroAfrica Interconnector project and the growth of trilateral cooperation in the energy field.

Last week Egypt and Cyprus reached an agreement with an unnamed European company to provide $1.5 billion to help finance part of the EuroAfrica electricity project, sources told Al Mal.

The sources told the financial newspaper that an agreement for the $4 billion, 1,707-km EuroAfrica Interconnector project will be signed in 2019 in the presence of the Egyptian, Cypriot and Greek presidents.

Sarah Samir 3401 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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