Egypt to build platform to export Eastern Mediterranean gas to Europe, minister says

Foreign Minister Sameh Shoukry announced on Sunday that Egypt intends to build a platform to export Eastern Mediterranean gas to Europe.

This emerged from a speech broadcast by the Al-Arabiya channel during the ninth session of the EU-Egypt Association Council, represented by the Union’s Foreign Affairs Commissioner, Josep Borrell.

“Egypt has proven to be a reliable partner for the European Union, and we face major challenges in terms of energy, food and inflation,” Shoukry said.

Borrell told Al-Arabiya that the European Union is doing everything that can be done to solve the food crisis, and that several European countries are ready to secure sea routes from Ukraine.

He said that the European Union will grant Egypt 100 million euros and that the Egyptian-European meeting will approve the partnership plan for the next five years.

Egypt on Thursday announced the signing of the Tripartite Memorandum of Understanding between Egypt, Israel and the EU to transport gas to Europe using Egyptian infrastructure and facilities.

Oil Minister Tarek al-Mulla said the Tripartite Memorandum of Understanding confirms the important role of the Eastern Mediterranean Gas Forum in securing energy supply through effective regional cooperation, especially in this period of geopolitical challenges.

Egyptian President Abdel Fattah al-Sisi received ministers from the countries of the Eastern Mediterranean Gas Forum on Wednesday.

He underlined during the meeting that the gas resources inherent in the Eastern Mediterranean are a motive for cooperation, peace and development for the benefit of the peoples of the region.