Egypt and Greece have deepened their energy cooperation in recent years, as both countries seek to expand their energy infrastructure and diversify their energy mix. The strengthening of energy ties between the two nations reflects their shared economic interests and the increasing global emphasis on energy security.
Egypt and Greece have a long history of diplomatic relations, dating back to ancient times. In recent years, their ties have been further strengthened through economic cooperation, including energy projects.
One of the key areas of cooperation between Egypt and Greece is the development of energy infrastructure. Both countries recognize the importance of diversifying their energy mix and ensuring long-term energy security.
Egypt’s natural gas reserves have made it an important player in the global energy market. The country has been actively seeking ways to expand its natural gas export capacity and gain access to new international markets.
In this context, Egypt and Greece have cooperated on several projects, including the ENI-operated East Mediterranean Gas Forum (EMG) pipeline. The EMG pipeline, which will interconnect Egypt, Cyprus, Greece, and Italy, will significantly enhance Egypt’s natural gas export capabilities and provide access to European markets.
In addition to natural gas, Egypt and Greece are also exploring renewable energy projects. Both countries are committed to transitioning to cleaner energy sources and reducing greenhouse gas emissions.
Greece is a pioneer in renewable energy, with substantial solar and wind power potential. Egypt, on the other hand, has a vast coastline, making it an attractive location for offshore wind projects.
Egypt and Greece have cooperated on renewable energy projects, such as the Egypt-Greece Power Interconnection project. This project, which is still in the planning phase, will link the Egyptian power grid with the Greek power grid, facilitating the exchange of renewable energy resources.
Egypt and Greece have also engaged in cross-border cooperation in the field of energy. This includes joint research and development efforts, as well as the exchange of technical expertise.
The strengthening of energy ties between Egypt and Greece is a positive development for both nations. By expanding their energy infrastructure and diversifying their energy mix, both countries are working towards greater energy security and sustainable development.
The collaboration on natural gas pipelines, renewable energy projects, and cross-border cooperation showcases the potential for further cooperation between the two countries in the energy sector. As global energy and climate policies continue to evolve, Egypt and Greece’s energy partnership is likely to continue to gain importance and momentum.