Energy cooperation with EU to create competitive market: Minister
Monday 23/April/2018 - 07:47 PM
Dr. Mohamed Shaker
Minister of Electricity and Renewable Energy Dr. Mohamed Shaker said that the strategic partnership between Cairo and the European Union on energy will assist the former in creating a competitive market to produce and distribute energy in the region.
The partnership will also support Cairo to adopt a national strategy for energy till 2035. This comes at a time when both parties are facing challenges in this sector.
“Developing electricity grids in coordination with the EU so that Egypt can be a centre for electricity connection is of paramount importance،” Shaker added at a Cabinet press conference after signing a memorandum of understanding with the EU on energy and climate.