{"id":608172,"date":"2023-10-16T00:00:00","date_gmt":"2023-10-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/16\/egypt-and-jordan-mull-new-subsea-electricity-link\/"},"modified":"2023-10-16T00:00:00","modified_gmt":"2023-10-16T00:00:00","slug":"egypt-and-jordan-mull-new-subsea-electricity-link","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/16\/egypt-and-jordan-mull-new-subsea-electricity-link\/","title":{"rendered":"Egypt and Jordan mull new subsea electricity link"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A new Egypt-Jordan electricity link upgrade may be in the<\/strong><strong> works: <\/strong>Egypt and Jordan are currently conducting a technical and financial study for a new 1.1 GW subsea power cable, a government source told Enterprise. The total 2 GW link between the two countries, announced by&nbsp;<span style=\"background-color: transparent;\">Prime Minister Mostafa Madbouly in August and reported by&nbsp;<\/span><a target=\"_blank\" href=\"https:\/\/english.ahram.org.eg\/NewsContent\/1\/1234\/506206\/Egypt\/Foreign-Affairs\/Egypt-and-Jordan-sign--MoUs-in-Amman-to-bolster-ti.aspx\" style=\"background-color: rgb(255, 255, 255);\" rel=\"noopener\">Ahram Online<\/a>, will be supported by the proposed subsea cable as a way to reduce costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When\u2019s decision time? <\/strong>The two countries will decide by the end of the year whether to implement the plan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know so far:<\/strong> The state expects to break ground on the first phase of the capacity expansion in 1Q 2024, our source told us. The new cable will be laid in tandem with work on the Egypt-Iraq link and its first phase is expected to wrap by the end of 2024. We haven\u2019t heard how much this is all going to cost, but our source told us that Jordan will pay for the project without going into details about how the country plans to finance it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><i>*Correction on 16 October 2023: <font color=\"#b5b5c3\"><span style=\"font-size: 15px;\">Our initial coverage said that Jordan and Egypt had scaled back their initial planned upgrade to our electricity link between the countries to 1.1 GW for the time being due to economic headwinds. Instead, they are studying channeling 1.1 GW of a total 2.2 GW link through a subsea cable as a cheaper alternative to on-land cables.<\/span><\/font><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Constructions work to expand the Egypt-Jordan power link to start 1Q 2024<\/p>\n","protected":false},"author":1,"featured_media":608173,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[6531,93,72,1033,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-egypt-jordan-relations","tag-energy","tag-enterpriseam","tag-jordan","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"b723d27d-d077-4174-8b5d-9233d65a80dc","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/754.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt and Jordan mull new subsea electricity link","related_issue":[608159],"teaser":"Constructions work to expand the Egypt-Jordan power link to start 1Q 2024","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.0a6e8e47-40f5-4531-92b6-5c4e837c8e9f.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Italy has reportedly submitted a proposal to the Egyptian Electricity Transmission Company to work on a joint USD 2.8 bn electricity interconnection project between the two countries with a capacity of 2.5-3 GW, Bloomberg Asharq reports, citing two unnamed government sources.Italy is offering\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/89.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555837,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/29\/egypt-jordan-agree-to-double-electricity-link-to-1-gw\/","url_meta":{"origin":608172,"position":1},"title":"Egypt, Jordan agree to double electricity link to 1 GW","author":"enterpriseam admin","date":"29 November 2021","format":false,"excerpt":"Egypt and Jordan will double the capacity of the electricity link between the two countries to 1 GW, Jordan\u2019s energy ministry said in a statement yesterday after Energy Minister Mohamed Shaker met his Jordanian counterpart.The increased capacity will allow excess Egyptian power to be exported to countries beyond Jordan. Egypt\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582803,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/scatec-norway-propose-another-egypt-europe-interconnector\/","url_meta":{"origin":608172,"position":2},"title":"Scatec + Norway propose another Egypt-Europe interconnector","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"Scatec + Norway-backed Europe electricity link? The CEO of Norwegian renewable energy developer Scatec proposed a new electricity interconnection project between Egypt and Europe in a meeting with Prime Minister Moustafa Madbouly last week, according to a cabinet statement. The project would be backed by the Norwegian government and would\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/benban-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550266,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/20\/egypt-saudi-electricity-interconnection-finally-has-a-timeline\/","url_meta":{"origin":608172,"position":3},"title":"Egypt-Saudi electricity interconnection finally has a timeline","author":"enterpriseam admin","date":"20 October 2022","format":false,"excerpt":"Our 3 GW electricity linkup with Saudi is going live in mid-2025: Trial operations for the USD 1.8 bn Egypt-Saudi electricity interconnection are set to begin in May 2025 with an official operational launch set for later in the same year, Bloomberg Asharq quotes Egyptian Electricity Transmission Company (EETC) head\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/285.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592793,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypt-jordan-sign-power-linkage-mou-with-gcc-interconnection-authority\/","url_meta":{"origin":608172,"position":4},"title":"Egypt, Jordan sign power linkage MoU with GCC Interconnection Authority","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"Egypt, Jordan sign power linkage MoU with GCC Interconnection Authority: Egypt and Jordan signed an MoU and two data confidentiality agreements with the GCC Interconnection Authority to link the two countries' electric grids with GCC countries, according to a cabinet statement. The transmission capacity of the GCC interconnection grid is\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582983,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/14\/tourist-arrivals-jump-by-a-third-in-january-and-february-plus-madbouly-meets-gm-egypt-saudi-interconnector\/","url_meta":{"origin":608172,"position":5},"title":"Tourist arrivals jump by a third in January and February. 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