Riyadh, Asharq Al-Awsat- A Source close to the Saudi Ministry of Water & Electricity has revealed to Asharq Al-Awsat that the Saudi and Egyptian Governments will sign an agreement on August 23 that will combine both counties electricity systems.
The agreement is one of a series between Arab countries, stretching from Morocco in the west to the Persian Gulf in the east. Experts assess that the entire Pan-Arab project will be completed by 2010 and will cost $50 billion.
Syria and Jordan began connecting their electricity systems in March 2001 and are expected to join forces with Egypt, Lebanon, Iraq and Turkey. Further to the east, Kuwait, Saudi Arabia, Bahrain and Qatar will first connect their systems, and by 2008 will add United Arab Emirates, Oman and Yemen to the network.
Plans are already at hand to connect with electricity systems of countries in the European Union.