Egypt comes to Lebanon’s rescue with its spare natural gas

But the plan is complicated as the pipeline passes through Syria, which is under US sanctions.

People wait in cars to get fuel at a gas station in Zalka, Lebanon on August 20, 2021.
People wait in cars to get fuel at a gas station in Zalka, Lebanon on August 20, 2021. (Reuters)

Egypt is finalising arrangements to
start supplying gas to Lebanon soon under a plan to help ease
Lebanon’s power crisis, the two countries’ energy ministers said
after meeting on Tuesday.

Under an agreement announced last month, Egypt will supply
natural gas to Lebanon via a pipeline that passes through Jordan
and Syria to help to boost Lebanon’s electricity output. 

The
deal, agreed by all four countries, is part of a US-backed
plan to address Lebanon’s power shortages.

READ MORE:
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Lebanese Energy Minister Walid Fayad said on Tuesday that
Egypt could provide more gas than originally anticipated if
necessary but gave no details.

“Egypt offered … helping in the energy sector through the
possibility of offering extra quantities of gas,” Fayad said at
a joint press briefing with Egyptian Petroleum Minister Tarek El
Molla in Cairo after their meeting.

“We will have another discussion on this,” Fayad said,
without elaborating.

READ MORE:
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Molla said that the two countries agreed on a roadmap for
the gas supplies.

“God willing, we can finish the measures related to the deal
within the few coming weeks,” Molla said, but did not say when
supplies would begin.

Life in Lebanon has been paralysed by the crisis, which has
deepened as supplies of imported fuel have dried up. It is part
of a wider financial crisis that has sunk the Lebanese currency
by 90 percent since 2019.

READ MORE:
Suicides surge in crisis-hit Lebanon

The energy plan, however, is complicated by US sanctions
on the Syrian regime of President Bashar al-Assad. Lebanese
officials have called on Washington to grant an exemption.

READ MORE:
‘Why should we trust them?’: Lebanon’s new government met with cynicism

Source: Reuters



Egypt comes to Lebanon’s rescue with its spare natural gas
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