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Supervisor
Elham AbolFateh

Egypt

Energy cooperation with EU to create competitive market: Minister

Monday 23/April/2018 - 07:47 PM
Dr. Mohamed Shaker
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.

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