The proposed EuroAfrica Interconnector project has attained even greater importance since the Russian invasion of Ukraine, which has generated a full-blown energy crisis, Greek Environment and Energy Minister Kostas Skrekas said on Thursday, during his meeting in Athens with the head of the Egyptian Electricity Transmission Co., Sabah Mashali, and the representative of Egypt’s electricity and renewable energy sources ministry, Ahmed Saeed.
Skrekas noted that the electricity interconnection between Egypt and mainland Greece, via Crete, will reinforce national energy security by protecting the country from imported crises, such as the one raging over the past few months.
The project will also boost Greece’s geopolitical role in the eastern Mediterranean and southeast Europe, he added.
The two sides discussed the importance of the submarine power cable that will connect each country’s electricity grids.
Skrekas said this project is among the government’s top priorities and emphasized that Athens wants the necessary studies for the project to proceed rapidly.
The two sides also agreed to examine the possibility of adding the power interconnection to the list of EU Projects of Common Interest, as it will contribute to the EU’s energy autonomy.
Latest News
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.