[2] Energy-sector technical engineering recruitment firm Fircroft included the EuroAfrica Interconnector as the fifth biggest among 10 major transmission and distribution projects in the world for 2019 and beyond.
[12][13][14] El-Sisi, President of Cyprus Nicos Anastasiades, and the Prime Minister of Greece Alexis Tsipras met in Nicosia the day before.
[4] The landing points, exact route of cable and sites of the HVDC converter stations were approved on 26 February 2018 in Cairo during a meeting between Egypt's Minister of Electricity and Renewable Energy Mohamed Shaker El-Markabi and Ktorides.
[19] The landing point and converter station in Egypt will be near the new highly efficient 4.8 GW Burullus gas power plant, 100 km west of Damietta.
[21] The first Working Group meeting of the EuroAfrica Interconnector with the Egyptian Electricity Holding Company took place in Cairo on 22–23 April 2018.
[23][24][25] The President of Egypt, Abdel Fattah el-Sisi, upon meeting with Chairman of the EuroAfrica Strategic Council Kasoulides and CEO Ktorides on 27 June 2018 in Cairo, gave full support again for the Interconnector's implementation.
Sabah Mohamed Mashal, Chairperson of the Egyptian Electricity Transmission Company, signed a framework agreement to implement the cable system's construction.
[30][31] The agreement was signed in the presence of the Egyptian Prime Minister Moustafa Madbouly, the Ministerial Cabinet, and president of the EuroAfrica Interconnector Strategic Board Kasoulides.
[30][31] El-Sisi, Anastasiades, and the new Prime Minister of Greece Kyriakos Mitsotakis issued a joint declaration at the conclusion of the 7th Trilateral Summit, held in Cairo on October 8, 2019, in which they expressed their desire to continue strengthening their cooperation in matters of energy.
[32][33] The Levantine Sea is bounded by Greece, Turkey, Syria, Lebanon, Israel, and Egypt, with Cyprus in the middle as its largest island.
The seafloor of the Eastern Mediterranean Basin is dotted with mud volcanoes which spew gas and occasionally oil into the benthic zone.
Geological and oceanographers facts lead to speculation that Levantine sea contains big gas and oil deposits trapped in evaporites.
Egypt signed $9 billion contract with Siemens to supply gas and wind power plants of 16.4 GW capacity.
[36] Siemens is building three combined-cycle gas power plants: Beni Sauf, New capital and Burullus, each of 4.8 GW capacity.