Egypt denies exporting electricity to Europe at subsidized prices

  • Date: 13-Sep-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Egypt
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Egypt denies exporting electricity to Europe at subsidized prices

Egypt denies exporting electricity to Europe at subsidized prices

Egypt denies exporting electricity to Europe at subsidized prices

Egypt denies exporting electricity to Europe at subsidized prices

Egypt has denied reports that it is exporting electricity to European countries at a subsidized price, lower than the local price. (File/AFP)

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Egypt denies exporting electricity to Europe at subsidized prices

The Ministry of Electricity and Renewable Energy said the reports, which appeared on some websites and social media platforms, were completely untrue

It said in a statement that electricity exports were a result of the country's huge energy reserves

Updated 12 September 2020

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CAIRO: Egypt has denied reports that it is exporting electricity to European countries at a subsidized price, lower than the local price.

The Ministry of Electricity and Renewable Energy said the reports, which appeared on