Lebanon and Egypt are moving forward with the development of a 2000-megawatt power interconnection, with a study of the subsea electricity interconnector presented in June 2018 and the Egyptian President expressing support for its implementation. The proposed interconnector would link Egypt and Lebanon, leveraging Egypt’s role as an energy hub in the MENA region to facilitate electricity trade.
Lebanon is now preparing to advance the Med Link project, a major initiative to connect its power grid with Egypt through a submarine cable that will pass via Cyprus. The project will be implemented in two phases.
According to a senior source, the project—originally launched by Lebanese developer I Capital in 2017—aims to create a 2000-megawatt electrical link between the two countries. The plan calls for two stages, each designed to transmit 1000 megawatts. Discussions on a memorandum of understanding are already underway, though finalization depends on legal adjustments before signing.
Recent studies put the cost of a 1500-megawatt line at around $750 million, a substantial investment likely to attract support from European or international partners.
The Med Link project is seen as a crucial step toward regional energy stability and integration across the eastern Mediterranean, underscoring its strategic importance for Lebanon, Egypt, and neighboring states.
Source: ngmisr.com
