As Europe scrambles to wean itself off Russian oil and gas and tries to confront Russia for its use of energy to blackmail European countries, the EU signed in Cairo last Wednesday a Memorandum of Understanding (MoU) with Egypt and Israel, aimed at using the energy potential of Eastern Mediterranean to cover the shortfall in energy supplies to Europe.
"What a special moment," European Commission chief Ursula von der Leyen said after signing the gas memorandum. Europe is looking for alternate sources of energy since Russia’s invasion of Ukraine.
The Egyptian government, the UN Development Programme and the Global Environment Facility are aiming to transform Sharm el-Sheikh into a green city in the lead-up to the international climate conference in November.
Egypt, European Commission discuss boosting cooperation in energy domain sis.gov.eg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sis.gov.eg Daily Mail and Mail on Sunday newspapers.