“The energy sector remains at the forefront of cooperation between Egypt, Cyprus, and Greece”, President Abdel Fattah El-Sisi said in a joint press conference following the trilateral cooperation summit with Nikos Christodoulides, the Cypriot President, and Kyriakos Mitsotakis, Greek Prime Minister, in New Alamein.
The president’s remarks cap years of trilateral cooperation, positioning energy as both a tool of regional diplomacy and a driver of economic integration. From pipelines and LNG terminals to electricity interconnectors, the sector anchors the partnership while reinforcing Egypt’s role as a Mediterranean hub.
“Egypt is placing great importance on developing electricity interconnection projects, foremost among them the ‘GREGY’ project with Greece, which represents a turning point in strengthening regional integration in clean energy across the Mediterranean, extending to Europe,” El-Sisi noted.
GREGY, a subsea cable, is designed to connect Egypt’s electricity grid with Greece, enabling renewable electricity generated in Egypt to reach European markets. The 954-kilometre submarine electricity interconnection has a planned transmission capacity of up to 3,000 megawatts and is currently listed as a Project of Mutual Interest between the two countries.
El-Sisi also pointed to the gas interconnection projects with Cyprus to channel the output of Cyprus’s most promising gas fields into Egypt’s liquefaction infrastructure to be re-exported to European markets,
“This cooperation is not limited to securing Europe’s energy supplies but also extends to generating economic benefits for the [ people of the three countries] and contributing to the strengthening of energy security at both the regional and international levels,” added El-Sisi.
The trilateral discussions come as Egypt and Cyprus move closer to establishing a functioning gas corridor linking Cypriot Cronos offshore field with Egypt’s processing and liquefied natural gas (LNG) export infrastructure. In July, Eni and TotalEnergies reached a final investment decision (FID) to develop the gas field in Cyprus’ Block 6, targeting first gas to reach Europe via Egypt in 2028.
Cronos is expected to reach a production plateau of around 500 million cubic feet per day (mmcf/d), equivalent to approximately 2.8 million tons per year of LNG. The gas will be transported through a subsea pipeline to Egypt, processed using existing Zohr facilities, and then liquefied at the Damietta LNG plant for export, primarily to European markets.
Meanwhile, in April, the Egyptian Natural Gas Holding Company (EGAS) signed a 15‑year agreement to buy the entire output of the Cypriot Aphrodite gas field, with an option to extend the deal for an additional five years, Bloomberg reported, adding that the field would start production in about six years.
