- Egypt’s Minister of Petroleum and his Lebanese counterpart Walid Fayad, met to discuss a road map for supplying Lebanon with Egyptian gas, including all technical, commercial, and contractual aspects, as well as the supply mechanism.
- According to a statement issued after the discussions, Egypt will be exporting natural gas to Lebanon in the coming weeks.
Egypt’s Minister of Petroleum and his Lebanese counterpart Walid Fayad, met to discuss a road map for supplying Lebanon with Egyptian gas, including all technical, commercial, and contractual aspects, as well as the supply mechanism. According to a statement issued after the discussions, Egypt will be exporting natural gas to Lebanon in the coming weeks.
The meeting was a follow up of the agreement of the Arab Gas Pipeline countries “Egypt, Jordan, Syria and Lebanon” on September 8, to deliver Egyptian natural gas to Lebanon via Jordan and Syria. in 2009, Egypt started exporting natural gas to Lebanon via Jordan but it stopped in 2011 after pipelines were damaged during the Syrian civil war and sabotage attacks.
Lebanon is hit by a severe crisis in fuel and electricity. It was reported that negotiations were on with the World Bank to secure financing for the price of Egyptian gas to Lebanon, repair and strengthen electricity transmission lines and carry out the required maintenance of gas pipelines.The transfer of Egyptian gas to northern Lebanon will be through Jordan and Syria.
Egyptian gas feeds the Deir Ammar plant in northeastern Lebanon, with a capacity of about 450 megawatts, according to the Lebanese Minister of Energy and Water, Raymond Ghajar. It provides more than 4 hours of electrical power supply to the Lebanese citizens.
