Lebanese Energy min.: We work on signing Arab gas deal sponsored by Egypt

BEIRUT - 26 January 2022: Lebanese Energy Minister Walid Fayad said that his country is working on signing an Arab gas agreement that is sponsored by Egypt in the upcoming period in order to provide Lebanon with natural gas.

 

In statements on Wednesday on the sidelines of signing two agreements between Lebanon, Jordan and Syria, he added that he hopes that measures to receive fund from the World Bank will be as soon to buy energy from Jordan.

 

Lebanon signed a deal with Jordan that aims to ease crippling power shortages by transmitting electricity across neighbouring Syria.

 

The agreement is part of a wider plan that also aims to pump Egyptian gas to a power station in northern Lebanon via a pipeline that runs through Jordan and Syria which has yet to be signed.