Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Politics

Egypt close to finalising arrangements for gas supplies to Lebanon

FILE PHOTO: Lebanon's newly appointed Energy Minister Walid Fayad looks on during a handover ceremony in Beirut, Lebanon September 13, 2021. REUTERS/Aziz Taher

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 U.S.-backed plan to address Lebanon's power shortages.

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

FILE PHOTO: Tarek El Molla, Egypt's Minister of Petroleum and Mineral Resources, arrives for a meeting at the Presidential Palace in Nicosia, Cyprus September 18, 2018. REUTERS/Yiannis Kourtoglou

"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.

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% since 2019.

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

Damascus has said it is ready to cooperate.

(Reporting by Nayera Abdallah and Alaa Swilam; Writing by Mahmoud Mourad; Editing by David Goodman and Susan Fenton)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.