Egypt, Lebanon to sign deal on gas exportation on June 21 – Egypt Today

  • Date: 20-Jun-2022
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
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Egypt, Lebanon to sign deal on gas exportation on June 21 – Egypt Today

CAIRO - 17 June 2022: Lebanon and Egypt will sign an agreement, per which gas to be exported to Lebanon on June 21, as it has been announced Lebanese Caretaker Energy Ministry, Reuters reported on Friday. The deal would ease the electricity crisis that the Lebanese people are suffering from. The signing the deal has been postponed for several months as Egypt was waiting for the US approval to have guarantees that the US Caesar Act’s financial sanctions on Syria would not negatively impact the deal because the Egyptian gas shall pass through Syrian and Jordanian territories to reach Lebanon. In September 2020, it has been agreed to deliver the Egyptian natural gas to the Lebanese through Jordanian and Syrian pipelines (the Arab Gas Pipeline), with putting a plan of action and a timetable for its implementation, announced the Jordanian Ministry of Energy and Mineral Resources in a statement. The Arab Gas Pipeline was implemented in three phases; the first phase started from Egypt’s Al-Arish city in Sinai to Jordan’s Aqaba, with a length of 265 km, a diameter of 36 inches, and a capacity of 10 billion m3 per year, the Jordanian ministry said in the statement. The supply