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Egypt in talks with investors, traders to develop EuroAfrica electricity link

Posted: September 8, 2020 at 1:25 pm   /   Electricity & Power

SFE in talks with investors, energy traders to develop EuroAfrica electricity link: The Sovereign Fund of Egypt (SFE) has opened talks with European infrastructure investors and energy traders to join it in investing in the EuroAfrica transmission link and import electricity from Egypt, CEO Ayman Soliman tells Bloomberg. Egypt signed on to the USD 4 […]

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Egypt, Greece sign maritime Exclusive Economic Zone demarcation agreement

Posted: August 9, 2020 at 1:03 pm   /   Oil & Gas

Egypt and Greece sign agreement on Exclusive Economic Zone. Egypt and Greece signed an agreement on Thursday designating an exclusive economic zone in the eastern Mediterranean between the two countries, an area containing promising oil and gas reserves, Egyptian Foreign Minister Sameh Shoukry said. Shoukry made the announcement at a joint press conference with his […]

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Egypt, Cyprus, Greece to establish an East Mediterranean Gas Forum

Posted: October 11, 2018 at 1:24 pm   /   Oil & Gas

The leaders of Egypt, Greece, and Cyprus agreed yesterday to establish an East Mediterranean Gas Forum, Ittihadiya said. The forum — which will be headquartered in Cairo — will include among its members all countries that produce and import EastMed gas and work to closely coordinate the region’s policies on gas exploration and management to […]

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Agreement signed to link Egypt, Cyprus, Greece via subsea power cable

Posted: March 11, 2018 at 9:08 pm   /   Oil & Gas

Cyprus and Egypt have agreed on the route of a 1,707-kilometre sub-sea power cable that will link the grids of the two countries to that of Greece, EuroAfrica Interconnector, the company behind the project said. The cable, named after the company, “will connect the electricity grids of Egypt, Cyprus, and Greece with Europe has entered […]

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Mediterranean Upstream & Midstream Summit: Oil & Gas Giants meet in Athens for first time

Posted: March 11, 2018 at 9:02 pm   /   Oil & Gas

IN-VR Oil & Gas ​is pleased to announce the ​Official ​Mediterranean Upstream & Midstream Petroleum Summit, 7-8 May 2018​ taking place in​ Athens, Greece ​from ​7th to 8th May 2018​. For the first time ever the ​CEO of ​Egypt Petroleum Corporation (EGPC) and the President of Lebanese Petroleum Administration (LPA), the President ​of the ​Hellenic […]

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Italy to be included in Egypt, Cyprus, Greece natural gas cooperation talks

Posted: November 26, 2017 at 5:27 pm   /   Oil & Gas

The trilateral cooperation between Cyprus, Greece and Egypt will expand with the participation of Italy, following an initiative of President of Cyprus Nicos Anastasiades, Government Spokesman Nikos Christodoulides has said. In statements on Wednesday at the Presidential Palace, the Spokesman, said that two months ago, the Cypriot President proposed the expansion of the trilateral cooperation […]

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New Europe: Egypt, Cyprus, Greece, strive to export East Med gas to Europe, but at what price?

Posted: November 26, 2017 at 4:59 pm   /   Oil & Gas

The meetings endorse a gas export pipeline from Cyprus to Egypt and the EastMed gas pipeline. Cyprus President Nicos Anastasiades, Egypt’s President Abdel-Fattah el-Sisi and Greek Prime minister Alexis Tsipras endorsed a gas export pipeline from Cyprus to Egypt and the EastMed gas pipeline at a bilateral and trilateral meeting in Nicosia last week. During […]

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Egypt says newly discovered East Med gas can be EU's new energy source

Posted: November 21, 2017 at 3:43 pm   /   Oil & Gas

Newly discovered gas deposits in the eastern Mediterranean can offer Europe the alternative sources of energy that it’s searching for, Egypt’s president said Monday. President Abdel-Fattah el-Sisi said that Europe can take advantage of the proximity of both Egypt and Cyprus to the continent in that energy search. “These gas discoveries can contribute to the […]

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Egypt, Cyprus to start talks on agreement to construct gas pipeline

Posted: November 21, 2017 at 3:32 pm   /   Oil & Gas

Egypt and Cyprus have agreed to start discussions in December on an agreement to build a gas pipe from a Cypriot natural gas field to take gas to Egypt, Cypriot state radio reported on Monday. It said the agreement came during talks when Egypt’s President Abdel Fattah al-Sisi made an official visit to Cyprus on […]

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Egypt speeds up maritime border negotiations, making way for offshore discoveries

Posted: August 5, 2017 at 5:22 pm   /   Oil & Gas

Egypt is speeding up negotiations with neighboring countries to finalize the demarcation of borders in the Mediterranean, which holds huge natural gas reserves compared to the Red Sea. The country has initiated talks with Greece to draw the maritime border, according to local sources. Egypt and Cyprus are also expected to sign the official border agreement […]

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