Egypt denies exporting electricity to Europe at subsidized prices

Egypt has denied reports that it is exporting electricity to European countries at a subsidized price, lower than the local price. (File/AFP)
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Updated 12 September 2020
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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

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.


The West Bank soccer field slated for demolition by Israel

Updated 59 min 1 sec ago
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The West Bank soccer field slated for demolition by Israel

  • The move is likely to eliminate one of the few ​spaces where Palestinian children are able to run and play

BETHLEHEM: Israeli authorities have ordered the demolition of a soccer field in a crowded refugee camp in the occupied West Bank, eliminating one of the few ​spaces where Palestinian children are able to run and play.
“If the field gets demolished, this will destroy our dreams and our future. We cannot play any other place but this field, the camp does not have spaces,” said Rital Sarhan, 13, who plays on a girls’ soccer team in the Aida refugee camp near Bethlehem.
The Israeli military ‌issued a demolition ‌order for the soccer field on ‌December ⁠31, ​saying ‌it was built illegally in an area that abuts the concrete barrier wall that Israel built in the West Bank.
“Along the security fence, a seizure order and a construction prohibition order are in effect; therefore, the construction in the area was carried out unlawfully,” the Israeli military said in a statement.
Mohammad Abu ⁠Srour, an administrator at Aida Youth Center, which manages the field, said the ‌military gave them seven days to demolish ‍the field.
The Israeli military ‍often orders Palestinians to carry out demolitions themselves. If they ‍do not act, the military steps in to destroy the structure in question and then sends the Palestinians a bill for the costs.
According to Abu Srour, Israel’s military told residents when delivering ​the demolition order that the soccer field represented a threat to the separation wall and to Israelis.
“I ⁠do not know how this is possible,” he said.
Israeli demolitions have drawn widespread international criticism and coincide with heightened fears among Palestinians of an organized effort by Israel to formally annex the West Bank, the area seized by Israel in the 1967 Middle East war. Israel accelerated demolitions in Palestinian refugee camps in early 2025, leading to the displacement of 32,000 residents of camps in the central and northern West Bank. Human Rights Watch has called the demolitions a war crime. ‌Israel has said they are intended to disrupt militant activity.