CAIRO: Egypt has denied reports that it is exporting electricity to European countries at a subsidized price, lower than the local price.
The Ministry of Electricity and Renewable Energy said the reports, which appeared on some websites and social media platforms, were completely untrue. There is no electrical connection between Egypt and any European country to date.
It said in a statement that electricity exports were a result of the country’s huge energy reserves – from gas and renewable sources – that contributed to increasing national income and making Egypt an appealing market for investment in the energy field.
Studies for an electrical interconnection project between Egypt, Cyprus and Greece are being completed, which will be conducted through submarine cables of 500 kilovolts. In a DC system, the line capacities will exceed more than 2,000 megawatts.
The project will help connect Egypt with Europe’s electrical grid and turn it into an energy center and electricity supplier to the European continent.
Ayman Suleiman, CEO of Egypt’s Sovereign Fund, denied reports in Turkish and Qatari media about the country’s intention to export electricity to Europe at a price of 2.5 cents per kilowatt, which is less than the selling price to the Egyptian consumer.
In a statement to MBC Egypt, Suleiman said that recent statements regarding the country’s export of its surplus production of electricity were “half-facts.”
He added that the price mentioned in those statements referred to the competitive production that Egypt had reached after years of investing in projects to generate electricity from solar energy, such as the Benban project in Aswan.
Egypt denies exporting electricity to Europe at subsidized prices
https://arab.news/9q449
Egypt denies exporting electricity to Europe at subsidized prices
- The Ministry of Electricity and Renewable Energy said the reports, which appeared on some websites and social media platforms, were completely untrue
- It said in a statement that electricity exports were a result of the country’s huge energy reserves
Israeli strike kills 2 teenagers in Gaza
- Palestinian death toll since the start of the war in October 2023 rises to 71,654
GAZA: The Palestinian Health Ministry in Gaza said on Saturday that Israeli fire had killed three people, including two children, in two separate incidents in the northern Gaza Strip.
Gaza’s civil defense agency said Israeli forces killed the two teenagers in a drone strike, while the military claimed it eliminated two “terrorists” who planted an explosive device near troops.
The civil defense agency, which operates as a rescue service, said the drone killed the two near Kamal Adwan Hospital in Beit Lahia, in northern Gaza.
FASTFACT
Gaza's Al-Shifa Hospital said on Saturday it received the two bodies, adding they were two boys aged 13 and 15.
The territory’s Al-Shifa Hospital said it received the two bodies, adding they were two boys aged 13 and 15.
The military said the pair had posed an “immediate threat” to its soldiers.
“Earlier today ... troops operating in the northern Gaza Strip identified several terrorists who crossed the Yellow Line, planted an explosive device in the area, and approached the troops, posing an immediate threat to them,” the military said in a statement.
Under a US-brokered ceasefire that came into effect on Oct. 10, Israeli forces have withdrawn to positions behind a so-called “Yellow Line” in Gaza, though they remain in control of more than half of the territory.
“Following the identification, the (Israeli air force) struck and eliminated the terrorists in order to remove the threat,” the military said.
A military press officer claimed that its troops had “killed two terrorists and not children,” without specifying the ages of those killed.
The civil defense said another fatality was also reported in a separate incident when an Israeli quadcopter struck a group of civilians in Jabalia, also in northern Gaza.
It did not provide details on the person killed in that incident. The press officer said the military had only one incident report.
US envoys Steve Witkoff and Jared Kushner were in Israel on Saturday to meet with Israeli Prime Minister Benjamin
Netanyahu, mainly to discuss Gaza, two people briefed on the matter said.
Gaza has been reduced to rubble in the war that was triggered by an attack on southern Israel on Oct. 7, 2023.
Since the beginning of the
war, the death toll in Gaza now stands at 71,654 people, with 481 deaths since the October ceasefire, according to Health Ministry data.
The ceasefire has largely halted fighting between Israel and Hamas, but both sides have accused each other of violating its terms.
