Final Agreement on Jordan-Lebanon Electricity Transit via Syria, World Bank to Finance Plan

  • Date: 29-Oct-2021
  • Source: Naharnet
  • Sector:Economy
  • Country:Jordan
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Final Agreement on Jordan-Lebanon Electricity Transit via Syria, World Bank to Finance Plan

The energy ministers of Lebanon, Jordan and Syria have arranged a final agreement to supply Lebanon with Jordanian electricity via Syria.

Energy Minister Walid Fayyad announced that “the U.S. has given green light” -- despite western sanctions targeting the Syrian regime -- and that “the World Bank will finance the transit.”

Jordanian Minister of Energy and Mineral Resources Hala al-Zawati and Syrian Electricity Minister Ghassan al-Zamel confirmed that the infrastructure will be "ready by the end of the year."

Repairs are being done to get Syria's war-ravaged infrastructure up to the task of moving the energy.