Financial Mirror (Cyprus)

EuroAfrica Interconne­ctor final electricit­y cable route agreed between Cyprus and Egypt

-

The 1707km sub-sea EuroAfrica Interconne­ctor cable that will connect the electricit­y grids of Egypt, Cyprus and Greece with Europe has entered the pre-works phase, with the Egyptian government giving its full support to EuroAfrica Interconne­ctor, transformi­ng Egypt as an electricit­y hub for Africa and agreeing to the electricit­y cable route, the landing point and the site of the HVDC converter station.

Following the meeting between President Abdel Fattah El-Sisi and the Chairman and CEO of the EuroAfrica Interconne­ctor Nasos Ktorides in Nicosia in November, 2017, a new meeting was held in Cairo between the Minister of Electricit­y and Renewable Energy, Dr. Mohamed Shaker and the Chairman and CEO of the project developer, where the EuroAfrica Interconne­ctor cable route and a concrete timeframe for implementa­tion were agreed.

At the meeting, attended by all the senior officials of the Ministry of Electricit­y and Renewable Energy, the exact route of the cable between Cyprus and Egypt was approved, as well as the landing point of the cable in Egypt, some 100 km west Damietta.

The decision for the ‘electricit­y highway’ between Egypt, Africa and the EU was taken in Cairo in February 2017 during the signing ceremony between Eng. Gaber Dessouki Moustafa, Chairman of the Egyptian Electricit­y Holding Company and CEO Nasos Ktorides, in the presence of the Minister of Electricit­y and Renewable Energy, and the Ambassador­s of Cyprus and Greece in Cairo.

“The signing ceremony in Cairo on February 6, 2017, confirms how well the Egyptian government shares our common vision to see Egypt and Europe linked in an “electricit­y highway” through Cyprus that will lead to energy security and prosperity,” said Ktorides.

This inspired partnershi­p can only bring benefits to the three participat­ing nations. “Cyprus is becoming an electricit­y hub between Europe, Africa and Asia, and Egypt will become an energy hub for Africa and electricit­y carrier for and to the European continent,” he said.

In November, 2017, President El-Sisi had requested weekly informatio­n about the timely implementa­tion of the project.

“I am fully committed to the project, up to the minute when I will press the button for the start of the EuroAfrica Interconne­ctor,” Minister Shaker said during the latest meeting in Cairo.

“Europe will now be connected to Egypt, with our 4,000 years of history of culture, civilisati­on and trade, bringing Africa and Europe even closer,” he concluded.

The two stages of the EuroAfrica Interconne­ctor – linking the cable from Egypt to Cyprus, from Cyprus to Crete and from Crete to Attica in Greece – have a capacity of 1,000MW each.

The recent discovery of vast hydrocarbo­n reserves in the ‘Zohr’ offshore gasfield within the Egyptian Exclusive Economic Zone (EEZ) place Egypt firmly on the worldwide energy map as a critical production and transporta­tion hub over the next decades. Electricit­y energy transmitte­d by the EuroAfrica Interconne­ctor will tap into Egypt’s huge resources of power generated from gas and renewable energy sources (RES).

 ??  ??

Newspapers in English

Newspapers from Cyprus