{"id":630449,"date":"2018-04-22T04:08:42","date_gmt":"2018-04-22T04:08:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypt-and-the-eu-to-sign-mou-on-energy-cooperation-during-energy-commissioners-cairo-visit\/"},"modified":"2018-04-22T04:08:42","modified_gmt":"2018-04-22T04:08:42","slug":"egypt-and-the-eu-to-sign-mou-on-energy-cooperation-during-energy-commissioners-cairo-visit","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypt-and-the-eu-to-sign-mou-on-energy-cooperation-during-energy-commissioners-cairo-visit\/","title":{"rendered":"Egypt and the EU to sign MoU on energy cooperation during Energy Commissioner\u2019s Cairo visit"},"content":{"rendered":"

<\/a> Egypt, EU to sign energy cooperation agreement this week: <\/strong>Egypt and the EU are expected to sign an MoU on \"Strategic Cooperation in Energy\"<\/a> this week during EU Energy Commissioner Miguel Arias Ca\u00f1ete\u2019s three-day visit to Cairo, which begins today. It\u2019s unclear when exactly the signing will take place and what the agreement will entail. Oil Minister Tarek El Molla had said last week<\/a> that the agreement is part of a larger plan to turn Egypt into an export hub for East Mediterranean gas<\/strong>, a topic that is expected to feature strongly in Ca\u00f1ete\u2019s talks with Egyptian officials this week, according to a ministry statement picked up by Al Masry Al Youm<\/a>. \u201cEgypt can lead the way of the clean energy transition in the Eastern Mediterranean and thus contribute to the Paris climate goals and the worldwide decarbonisation effort,\u201d Ca\u00f1ete said. \u201cThe EU stands ready to support Egypt in its energy market reforms and to boost sustainable energy investment.\u201d<\/p>\n

Background: <\/strong>Ca\u00f1ete and El Molla had agreed, when they met in Brussels last December<\/a>, to increase energy cooperation, after Cairo reached a preliminary agreement with Cyprus on establishing a pipeline<\/a> connecting fields in the Cypriot Economic Zone with liquefaction plants in Egypt\u2019s Idku or Damietta, which would pave the way for EastMed gas exports to Europe<\/a>. Cypriot Foreign Minister Nicos Christodoulides had said earlier this month that the contracts would be signed soon, once ongoing negotiations over terms and purchase agreements have concluded. Egypt\u2019s Dolphinus Holdings has also signed a USD 15 bn agreement<\/a> that will also see it import gas from Israel.<\/p>\n

Funding packages to connect households to natural gas grid: <\/strong>Ca\u00f1ete is also expected to hold a press conference to announce the details of the EU and French Development Agency\u2019s support packages for the government\u2019s drive to connect households to the natural gas grid. The funding will be directed primarily towards densely populated governorates, with Upper Egypt topping the priority list.<\/p>\n

Also on the agenda:<\/strong> In addition to El Molla, Ca\u00f1ete will also meet with President Abdel Fattah El Sisi, Prime Minister Sherif Ismail, Electricity Minister Mohamed Shaker, and the heads of European oil and gas companies operating in Egypt to discuss ways the EU can boost its support for Egypt\u2019s energy sectors. The EU official will also inaugurate the Egypt-EU Sustainable Energy Business Forum and pay a visit to the Zohr gas field.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt, EU to sign energy cooperation agreement this week: Egypt and the EU are expected to sign an MoU on \"Strategic Cooperation in Energy\" this week during EU Energy Commissioner Miguel Arias Ca\u00f1ete\u2019s three-day visit to Cairo, which begins today. It\u2019s unclear when exactly the signing will take place and what the agreement will entail. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630449","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ed5118ef-206b-406f-9cb6-b1c16778296b","order":"0","is_powered_by":true,"section_story_id":"a2061a40-aa8a-4b5e-90a8-0d61b932d364","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630441],"teaser":"","voice_url":""},"yoast_head":"\nEgypt and the EU to sign MoU on energy cooperation during Energy Commissioner\u2019s Cairo visit - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypt-and-the-eu-to-sign-mou-on-energy-cooperation-during-energy-commissioners-cairo-visit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt and the EU to sign MoU on energy cooperation during Energy Commissioner\u2019s Cairo visit\" \/>\n<meta property=\"og:description\" content=\"Egypt, EU to sign energy cooperation agreement this week: Egypt and the EU are expected to sign an MoU on "Strategic Cooperation in Energy" this week during EU Energy Commissioner Miguel Arias Ca\u00f1ete\u2019s three-day visit to Cairo, which begins today. 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Ministers from Egypt, Israel, Cyprus, Greece, Italy, Jordan and the Palestinian Authority met as part of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/639.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630551,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/24\/egypt-could-get-as-much-as-eur-3-8-bn-from-the-eu-under-2018-2022-energy-cooperation-agreement\/","url_meta":{"origin":630449,"position":2},"title":"Egypt could get as much as EUR 3.8 bn from the EU under 2018-2022 energy cooperation agreement","author":"enterpriseam admin","date":"24 April 2018","format":false,"excerpt":"EU could provide as much as EUR 3.8 bn in financing to help Egypt transform into regional energy hub as two sides ink energy cooperation agreement: Egypt and the European Union signed a memorandum of understanding on energy cooperation yesterday that is widely expected to pave the way for Egypt\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550404,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/cairo-hosted-gas-forum-concerned-about-europes-price-cap-a-whole-lot-of-regional-energy-diplomacy\/","url_meta":{"origin":630449,"position":3},"title":"Cairo-hosted gas forum \u201cconcerned\u201d about Europe\u2019s price cap + a whole lot of regional energy diplomacy","author":"enterpriseam admin","date":"26 October 2022","format":false,"excerpt":"Egypt was at the center of a big day for energy diplomacy in the region yesterday: Members of the Gas Exporting Countries Forum (GECF) used their annual meeting in Cairo yesterday to express their concern over European attempts to cap gas prices. We also got updates on: Egyptian-Palestinian efforts to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/338.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547304,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/16\/egypt-israel-and-the-eu-sign-gas-export-agreement\/","url_meta":{"origin":630449,"position":4},"title":"Egypt, Israel and the EU sign gas export agreement","author":"enterpriseam admin","date":"16 June 2022","format":false,"excerpt":"A big day for our gas hub ambitions: Egypt and Israel will increase gas exports to the EU under an MoU (pdf) signed in Cairo yesterday that comes as the continent looks to phase out its reliance on Russian fossil fuels. The agreement will see Israel send more gas to\u2026","rel":"","context":"In "Energy"","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":635035,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/military-production-ministry-orascom-construction-sign-cooperation-agreement\/","url_meta":{"origin":630449,"position":5},"title":"Military Production Ministry, Orascom Construction sign cooperation agreement","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"Military Production Ministry signs MoU with Orascom Construction for infrastructure development: The Military Production Ministry signed an MoU yesterday with Orascom Construction that will see them cooperate on various major projects, including roadworks, manufacturing, and the construction of water treatment and sewage systems. 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