Lebanese Minister of Petroleum thanks President Sisi for his supporting stance

CAIRO – 15 April 2022: Egypt’s Minister of Petroleum Tarek El Molla, received on Friday his Lebanese counterpart Walid Fayyad and the accompanying delegation, currently visiting Cairo.

During the meeting, the two sides discussed and reviewed the terms of the contract for supplying the Egyptian gas to Lebanon, which witnessed consensus on most of the terms of the agreement, as all necessary procedures are currently being completed, to start exporting gas to Lebanon.

The two minsters also discussed coordination procedures with Jordan and Syria for the passage of gas through their lands heading to Lebanon.

Tarek El Molla, affirmed Egypt's commitment and support Lebanon within the framework of the strong relations between the two countries, along with President Abdel Fattah El-Sisi's assurances of Egypt's support to the Lebanese people.

He noted that this gas supply agreement represents an Egyptian contribution to solving the energy problem in Lebanon, pointing out the importance of completing the remaining procedures to start the supplying process.

For his part, Lebanese Minster Walid Fayyad, expressed his deep thanks to Egypt and President Abdel Fattah Al-Sisi for the supporting stance towards Lebanon.

Fayyad also expressed his aspiration to complete the contract, pointing out that the matter is currently depends on the World Bank to secure the necessary funding, as well as the United States of America, so that the repercussions of Caesar's Law do not affect the project of transporting gas to Lebanon through Syria.

The talks were attended by Magdy Galal, head of the Egyptian Natural Gas Holding Company (EGAS), his deputy for operations, Eng. Yassin Ahmed, accountant Hisham Noureddine, head of the central administration of the Minister’s office, and Eng. Alaa Hajar, Undersecretary of the Ministry of Petroleum for the Technical Office, and from the Lebanese side, Ambassador Ali Al-Halabi, Ambassador of Lebanon in Cairo, and Engineer Kamal Hayek, Director General Electricité du Liban and Eng. Aurour Feghali, Director General of Oil at the Ministry of Energy.