Saudi, Egyptian energy ministers review progress on $1.8bn electrical interconnection project

RIYADH: Saudi Arabia’s Energy Minister Prince Salman bin Abdulaziz on Monday held a meeting with his Egyptian counterpart Mohamed Shaker in Cairo to follow up on the progress on the electrical interconnection project between the two countries.

Last October, Saudi Arabia and Egypt signed contracts for a $1.8 billion electricity interconnection project that ensures an exchange of 3,000 MW of electricity.

The meeting was part of the official visit of Crown Prince Mohammed bin Salman to Egypt, the Saudi Press Agency reported.