Ecomnews Med The Mediterranean News on Economy
To fill its electricity supply gap, the Libyan government has entered into talks with the Egyptian state. It is a question of finding quick solutions as the country has faced a series of power cuts for several weeks.
Egypt is in talks to export its 10 GW of excess electricity. It aims to achieve this goal through the European market, Greece and Cyprus in particular, but also the African market. The country’s Sovereign Fund has secured the government's backing to negotiate the necessary financial arrangements.
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