Egypt, Greece to Strengthen Energy Cooperation

Egypt, Greece to Strengthen Energy Cooperation

Egyptian President Abdel Fattah El Sisi held a meeting via video conference with Greek Prime Minister Kyriakos Mitsotakis.

The talks tackled strengthening bilateral relations between the two countries, especially in energy cooperation, including electrical and gas interconnection projects, as well as cooperation in the areas of climate change, green transformation, green hydrogen and solar energy, in light of Egypt’s hosting of the UN Climate Change Conference 2022 (COP 27) in Sharm El-Sheikh November 2022.

The two sides agreed to move forward in implementing the agreements signed between them in the energy sectors, whether in the bilateral framework or through the tripartite cooperation mechanism that brings together Egypt, Cyprus, and Greece, as well as within the framework of the strategic partnership between Egypt and the European Union (EU).

El Sisi praised the depth of the distinguished relations between Egypt and Greece, the growing development witnessed by bilateral cooperation in various fields, and the distinguished level of political coordination between the two countries on issues of common interest. The Egyptian president further expressed his appreciation for Greece’s stances towards Egypt, both on the bilateral level or within the UN framework, which reflects the strength of the long-standing historical relations between the two countries.

Mitsotakis highlighted the unique historical ties between the two countries, welcoming the remarkable progress in the level of bilateral cooperation over the past years. He expressed his country’s keenness to continue deepening relations, pushing them to broader horizons in various fields. This is in light of the prominent Egyptian role in strengthening mechanisms of joint action in the face of the current crises and challenges in the Mediterranean region, which is a model to be followed in advancing development, economic and social conditions at the regional level.

The meeting was held in the presence of the Governor of the Central Bank, the Ministers of Electricity and Renewable Energy, Foreign Affairs, Petroleum and Mineral Resources, Planning and Economic Development, and International Cooperation, as well as their counterparts From the Greek side, along with the president of the European Investment Bank.

Sarah Samir 2786 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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