Egypt, Lebanon and Syria, on June 21, signed an agreement to transport 650 million cubic meters of gas annually from Egypt to Lebanon via Syria, in a ceremony held at the Lebanese Ministry of Energy in Beirut.
Under the agreement, the gas will be pumped through a pipeline to the Deir Ammar power station in northern Lebanon, where it can add about 450 megawatts to the grid, equivalent to about four additional hours of electricity per day.
The deal would ease the electricity crisis that the Lebanese people are suffering from.
Qabaj visited the Lebanese capital, Beirut, within the delegation of the executive bureau of the Council of Arab Ministers for Social Affairs.
Lebanese diaspora in eight Arab countries (Egypt, Saudi Arabia, Syria, Kuwait, Qatar, Bahrain, Jordan, Oman, and Baghdad) along with Iran cast their votes on Friday. Meanwhile, the other expats in other 48 countries will cast their ballots on Sunday.
“Egypt affirms its support for Lebanon in this painful incident, wishing a speedy recovery for the survivors and the injured, stressing at the same time the need for concerted efforts by the international community to put an end to the phenomenon of illegal immigration boats,” the statement said.
Mahmoud Ezat is the former deputy Supreme Guide of the outlawed Muslim Brotherhood.
Egypt’s Minister of Petroleum Tarek El Molla, received on Friday his Lebanese counterpart Walid Fayyad and the accompanying delegation, currently visiting Cairo.
Lebanese Energy Minister Walid Fayad said his country is close to signing a contract in the coming days to import natural gas from Egypt after getting the World Bank's funding.
Salama clarified that the Banque du Lebanon is still exercising its role entrusted to it under Article 70 of the Monetary and Credit Law, explaining that it will continue to do so, despite the losses that afflicted the financial sector in Lebanon.
According to the Corporate Finance Institute, bankruptcy means the government fails to make debt and interest payments when due. Failure to pay debts owed to creditors may be accompanied by an official announcement by the government that it will not pay the outstanding debts, or it may sometimes occur without any official announcement.
Lebanese Deputy Prime Minister Saada Al-Shami announced, Monday ‘the bankruptcy of the state and the Central Bank of Lebanon’.
The president received Cardinal Bechara Boutros al-Rahi, at Al Itihadiyah Presidential Palace.
Welcoming the high-level clergyman to Egypt, Sisi praised the constructive role played by the cardinal to restore stability in Lebanon.
Al-Rahi’s agenda will also include paying visits to some churches and monasteries as part of his pastoral visits.
On September 2021, the energy ministers of Egypt, Syria, Lebanon, and Jordan agreed on a roadmap to supply Lebanon with Egyptian natural gas to generate electricity amid the ongoing Lebanese energy crisis.
The ship carries 487.5 tons of aid, including 122 tons of foodstuffs, 265.5 tons of medicines and medical supplies, and 100 tons of relief materials, the statement said.
The aid includes 100 tons of relief and food items (blankets, mattresses, foodstuffs), and 250 tons of medical supplies (masks and medicines), besides other aid provided by other governmental agencies.
The meeting was held during Shoukry’s current visit to Kuwait to participate in the Consultative Meeting of Arab foreign ministers.
he added that he hopes that measures to receive fund from the World Bank will be as soon to buy energy from Jordan.