Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, announced that Libya has paid approximately $350 million toward outstanding dues for electricity exported from Egypt to the Libyan market in recent years. The statement was made during a press conference in which the minister outlined developments in regional energy cooperation and grid stability.
Esmat explained that Libya’s total outstanding electricity bill had reached nearly $490 million. Of that amount, around $350 million has now been settled, marking significant progress in resolving accumulated payments related to cross-border power supplies. He did not specify when the remaining balance would be paid but confirmed that coordination between both sides remains ongoing.
Egypt and Libya are connected through an electrical interconnection line that allows Egypt to export power to support Libya’s national grid. The arrangement has been particularly important during peak demand periods and times when Libya faces generation shortfalls or infrastructure constraints. The Egyptian minister emphasized that such interconnection projects contribute to strengthening regional cooperation and improving energy security.
Esmat stressed that Egypt’s national electricity grid remains stable across generation, transmission, and distribution levels. He highlighted ongoing preparations to address the expected increase in electricity consumption during the upcoming summer season. According to the minister, regional interconnection projects, including the line with Libya, play a key role in ensuring supply stability during periods of high demand.
He further noted that Egypt continues to implement strategic electricity interconnection initiatives aimed at reinforcing grid resilience and expanding regional energy integration. These projects are designed to support stability, especially during peak load periods when demand rises significantly due to high temperatures and increased consumption.
