Egypt and Saudi Arabia agreed to complete the procedures to implement the electricity interconnection project between the two countries by March 2019 to exchange 3,000 MW. High-level government sources told Daily News Egypt that all procedures for the project involving Egypt, including transformer substations and interconnection lines, have been completed. The project connects the two energy networks in Egypt and Saudi Arabia to a 500kV transformer from the Badr transformer station in Egypt to a transfer station east of Medina, passing through the Tabuk station in Saudi Arabia with a length of 1,300 km, including 820 km in Saudi Arabia and 480 km in Egyptian lands. Egypt started negotiations with Saudi Arabia in 2010 to establish an energy exchange project between the two countries. Saudi Arabia announced in October last year the plan to establish the Neom project, which stretches between the three countries: Saudi Arabia, Egypt and Jordan, with an investment of about $500bn.

Source: Daily News Egypt November 27, 2018 18:45 UTC