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Tuesday, 21 January 2020

Egypt electricity exports fall 15% from July to November

Egypt’s electricity exports fell 15% to 47 mn KWh in November from a peak of 55 mn KWh in July, Al Mal quoted unnamed sources as saying. The sources said that the political situation in Libya, the seasonal fall in consumption, and efforts in Jordan to become energy self-sufficient had caused the decline. The news came on the same day that sources in the Electricity Ministry revealed that it is studying increasing its electrical connection capacity with Jordan above 400 MW. Egypt — which is currently linked with Jordan, Palestine, Libya, and most recently Sudan — is also finalizing an interconnection agreement with Saudi Arabia, which is due to be signed in May. A USD 4 bn EuroAfrica project to connect the electricity grids of Egypt, Cyprus, and Greece is also scheduled for completion by December 2022.

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