Presidential decree sanctions Egypt-Cyprus natural gas pipeline agreement
CAIRO – 4 June 2019: President Abdel Fatah al-Sisi issued a presidential decree that sanctions an agreement between Egypt and Cyprus on a direct sub-sea natural gas pipeline.
The agreement was signed in September to build an undersea pipeline to pump Cypriot offshore gas to Egypt for processing for export to Europe. The agreement was approved by the Parliament in March 2019.
In May, Egypt signed a deal with Cyprus to lay a 310-kilometer cable under the Mediterranean to export electricity to Europe, Nicosia-based Euro Africa said.