Arab Press

بالشعب و للشعب
Friday, Jun 20, 2025

Saudi move to export electricity and hydrogen to Europe via Greece

Saudi move to export electricity and hydrogen to Europe via Greece

Saudi Arabia and Greece have agreed to form a technical team to carry out studies about the prospect of Saudi Arabia exporting electricity and hydrogen to Europe via Greece.
This proposal was contained in the joint statement issued by the two countries at the end of the two-day official visit of Crown Prince Mohammed Bin Salman to Greece.

The statement affirmed the distinguished and strong relations between the two countries and their common desire to upgrade them to a strategic level. The Crown Prince and Prime Minister Kyriakos Mitsotakis of Greece praised the strong partnership that binds the two countries and its development over the past years. They affirmed their determination to work to consolidate it for the benefit of the peoples of the two countries. The Crown Prince praised the support of the Greek government for the candidacy of the city of Riyadh to host the World Expo 2030.

The two sides signed a memorandum of understanding regarding the establishment of the Saudi-Greek Strategic Partnership Council, which will be chaired by Crown Prince Mohammed Bin Salman and Prime Minister Mitsotakis of Greece .The two sides stressed the importance of enhancing economic cooperation between the two countries, keeping pace with the objectives of the Kingdom’s Vision 2030 and the Greek National Recovery and Resilience Plan (Greece 2.0).

Saudi Arabia and Greece welcomed the signing of a number of agreements and memoranda of understanding between the private sectors of the two countries amounting to SR14 billion in the fields of energy, renewable energy, infrastructure, tourism, maritime transport and logistics, communications and information technology, healthcare, and food. The two sides welcomed the signing of a data cable project agreement aimed at strengthening the infrastructure for data transmission between Asia and Europe.

The two countries stressed the importance of strategic cooperation between them in a number of issues of common interest in the field of energy, including the generation of electricity using renewable energy, the establishment of the power grid, and the export of electricity, produced using renewable energy to Greece, and to Europe via Greece.

They underscored the significance of cooperation between the two countries in the field of clean hydrogen, including low-carbon hydrogen, green hydrogen, and its transfer to Europe. In this context, they highlighted the importance of the memorandum of understanding signed between the two countries in the field of energy and the formation of a joint technical team to carry out the necessary studies in the field of electrical interconnection and exporting electricity to Greece, as well as exporting electricity and hydrogen to Europe through Greece. A decision will be taken on the implementation of the project in line with the recommendations of the study at the earliest possible.

The two countries agreed to enhance cooperation in applying the circular carbon economy approach and its technologies; carbon capture, reuse, transport and storage, and direct carbon capture from the air, to reduce the effects of climate change. With regard to climate change issues, the two sides stressed the importance of adhering to the principles of the Framework Convention on Climate Change and the Paris Agreement, and the need to develop and implement climate agreements by focusing on emissions without sources.

Saudi Arabia reaffirmed its support for Greece's candidacy for non-permanent member of the United Nations Security Council for the period of 2025-2026. The two sides agreed to enhance multi-dimensional cooperation in the defense and security field, the statement pointed out.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Saudi Arabia Faces Uncertainty Over Succession After Mohammed bin Salman
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Majority of French Voters View Macron's Presidency as a Failure
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
Businessman Mauled by Lion at Luxury Namibian Lodge
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
×