Cyprus, Greece agreements with Egypt could secure more energy to Europe

Both Cyprus and Greece have signed separate agreements with Egypt to link their electricity transmission networks with the North African country.

Egypt and Cyprus agreed to link the electricity transmission networks of the two countries, an agreement that secures the flow of greener energy.

"For Cyprus, this electricity interconnection with Egypt, one of our valued strategic allies in the region, has the potential to constitute a cornerstone of our efforts to transition to a green economy," Natasa Pilides, Cyprus's energy minister, said at a signing ceremony with her Egyptian counterpart, Mohamed Shaker.

Greece and Egypt have also signed a similar agreement for an undersea cable that will transmit power produced by renewables from North Africa to Europe.

The Greek Energy Minister Kostas Skrekas said that"Such an interconnection it's a win-win for both Greece, Egypt and the European Union."

“The interconnection of transmission networks between our two countries represents a bold strategic initiative,” he later tweeted.