SAUDI ARABIA/ EGYPT & REGIONAL
Saudi-Egypt Power Link Deal Signed, But GCC Grid Usage ‘Minimal’
Saudi Arabia and Egypt signed a memorandum of understanding (MOU) on 1 June for a SR6bn ($1.6bn) link between the two countries’ power transmission grids. Linking the two networks was proposed in 2010, but planning was delayed by political turmoil in Egypt. Once a final agreement has been reached, construction is expected to take 24-30 months. The...
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