44. Pan-Arab Grid (Saudi Arabia-Egypt Undersea Link)
Project Overview
Long-standing plans
to link the power grids of Arab countries, include the construction of a 1,370km link between Egypt and Saudi Arabia.
The link will include a 25km subsea cable, which will cross the Gulf of Aqaba. It will provide each country with spare power capacity during peak periods of demand.
Estimates suggest the benefits could be worth as much as $10bn over 20 years. Once the connection is complete, Gulf states could trade surplus electricity with customers in Europe.
Project Analysis
GCC grid deal to be signed by June
Gulf governments are expected to sign up to the GCC electricity grid this summer, with the inter-country agreement to start operations of the 850-kilometre network to be submitted to them by June.
MEED Events
Key Facts
Client: Egypt Electricity Ministry; Saudi Arabia Electricity Ministry
Sector: Power
Stage: Study
Budget: $8.5bn
Completion date: Q4 2015
Location: Egypt, Saudi Arabia
MEED Projects
