A step towards an electricity link with Europe: Ministers approved on Wednesday the signing of an MoU with Norwegian renewables developer Scatec to study a new 3-GW Egypt-Europe electricity interconnection project, cabinet said in a statement following its weekly meeting.

What we know: The CEO of the Norwegian company in February proposed to the governmentestablishing a 3-GW link between Egypt and Italy, allowing the North African country to export renewable energy to Europe. The project would be backed financially by the Norwegian government.

This is the latest in a growing number of proposed Egypt-Europe interconnectors: The loss of Russian energy supplies has forced the European Union to rapidly strengthen energy ties with countries in the eastern Mediterranean and build the infrastructure necessary to increase its imports of natural gas and electricity from countries in the region.

The news received international attention:Reuters.

CABINET ALSO APPROVED-

  • A draft law criminalizing harassment and bullying;
  • Amendments to the Child Act that would extend maternity leave rights to adoptive mothers of babies less than six months old;
  • Draft bills giving the Oil Ministry the go-ahead to sign four oil exploration contracts in the Gulf of Suez and two oil and gas exploration contracts in the Eastern Mediterranean. The contracts would be signed with various companies including state-owned firms EGPC and EGAS, as well as BP, Wintershall Dea, and Trident Petroleum.
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