Saudi Arabia and Greece committed to accelerating work on an electricity interconnection that would link the kingdom’s grid to Europe, the two governments said in a joint statement on Sunday.
The statement was issued at the end of an official visit to Riyadh on Sunday by Greek Prime Minister Kyriakos Mitsotakis, the Saudi Press Agency reported.
Crown Prince and Prime Minister Mohammed bin Salman received Mitsotakis for talks that coincided with the centenary of diplomatic relations between the two countries.
Bilateral trade has grown since 2021 and reached about $1.7 billion in 2025, according to the statement.
The interconnection project falls under a 2022 memorandum of cooperation in the energy sector.
Saudi Arabia said the link is one of several interconnection projects it is pursuing as part of its aim to become a global hub for electricity exports.
Both sides said they would explore exports of clean hydrogen from Saudi Arabia to Greece and on to other European Union markets.
They also called for more bilateral investment in conventional energy, renewable energy and petrochemicals.
The statement expressed concern over attacks on energy infrastructure and stressed the need to keep international shipping lanes secure.
Greece praised Saudi Arabia’s use of alternative export routes, including the East-West Pipeline, to maintain oil supplies.
The two governments also noted progress on the East to Med Data Corridor, a subsea cable project, and said they aim to complete it on schedule.
Saudi Arabia encouraged Greek companies to set up regional headquarters in the kingdom and to bid for projects linked to Expo 2030 Riyadh and the 2034 FIFA World Cup.
Greece invited Saudi firms to invest in its energy, transport, logistics and digital infrastructure sectors.
