Greek-Egyptian Energy MoU Signed in Cairo at EGYPES 2025

As of the Greek-Egyptian plan to move forward in the critical field of energy, Energy and Environment Minister Theodoros Skylakakis signed a memorandum of understanding (MoU) with the Egyptian Minister of Petroleum & Mineral Resources Karim Badawi during the former’s two-day visit to Cairo.

The signing of the MoU, which took place at the Egypt Energy Show (EGYPES 2025), aims to advance the two countries’ cooperation concerning Carbon capture and storage (CCS).

As part of the Memorandum of Understanding (MoU), Greece and Egypt recognize the importance of cooperation in facilitating the exchange of expertise in the field of CCS/CCUS (Carbon Capture and Storage/Carbon Capture, Utilization, and Storage). They also acknowledge the need for coordinated efforts toward the potential development of CCS/CCUS facilities and storage sites—an advancement that will contribute to achieving climate goals and the energy transition.

The two delegations agreed to establish a high-level Greek-Egyptian bilateral committee to oversee the progress while supporting the targets defined in the MoU.

The Hellenic Hydrocarbon Resources Management and Energy Resources S.A. (HEREMA) will coordinate efforts, facilitating the work of joint task forces that will be set up, ensuring compliance with agreed priorities and timelines.

During a discussion panel at EGYPES 2025, Minister Skylakakis highlighted Greece’s joint participation with Cyprus in the “green” electrical connection with Egypt, mainly focusing on the transfer of wind energy from Egypt.

Appearing on a different discussion panel, Deputy Minister of Environment and Energy Alexandra Sdoukou, who was part of the Greek delegation in Cairo, focused on clean energy and climate technology startups and how competitiveness can be enhanced through climate innovation in the Southeastern Mediterranean.

The initiative is part of the broader Greek-Egyptian strategic partnership in energy that includes Cyprus, a move that has caused the ire of Turkey.