Page 36 - EGYPT - En Vol.4 HD

E gypt
Snapshot of E gypt 34
• On the level of international cooperation, Egypt actively participates in
all regional electrical interconnection projects, since Egypt is electrically Oil and Natural Gas
connected with neighboring countries to the east (with Jordan), to the
west (with Libya), and to the south (with Sudan). A study is currently
being conducted to raise the capacity of the electrical interconnection In 2016, the Petroleum Sector began implementing an ambitious
with the eastern and western countries, and a preliminary feasibility development and modernization program with the aim of increasing
study for the electrical interconnection between Egypt, Cyprus and the Sector’s contribution to achieving the comprehensive development
Greece has been completed, in which Egypt will be an energy bridge of Egypt, through working more efficiently to attract more investments
between Africa and Europe. and improve human cadres. The last few years this sector witnessed

achievements, the most important of which are:
Electricity Prices in Egypt vs. some of Emerging Countries
(USD/ kWh) - (December 2022)

Domestic Use

0.082 0.090 0.048 0.080 0.027 0.150 0.116 0.068 0.039

0.192 0.123 0.069 0.110 0.037 0.072 0.106 0.114 0.034

Commercial Use

Turkey Jordan KSA UAE Egypt South Morocco Tunisia Algeria Completion and launching of "Egypt Upstream Gateway", which is a
Africa unified platform to promote zones in Egypt regions globally.

Source: Global Petrol Prices.com