Shea says gas deal sets stage for ‘more prosperous and stable Lebanon’

  • Date: 12-Oct-2022
  • Source: Naharnet
  • Sector:Oil & Gas
  • Country:Lebanon
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Shea says gas deal sets stage for ‘more prosperous and stable Lebanon’

U.S. Ambassador to Lebanon Dorothy Shea has thanked all Lebanese officials who contributed to reaching a tentative agreement with Israel over the demarcation of the maritime border, saying the deal “sets the stage for a more prosperous and stable Lebanon.”

In a video message, Shea expressed to all those involved Washington’s “profound gratitude, starting with President (Michel) Aoun and his team, Speaker (Nabih) Berri and his principal adviser, and Prime Minister(-designate Najib) Mikati.”

“There are many others in the government who also played constructive roles in these negotiations, too many to mention by name, but I will single out the deputy speaker of parliament (Elias Bou Saab) for his tireless efforts,” Shea added.

The ambassador said the agreement will “provide for the development of energy fields for the benefit of both countries.”

“Your country can look forward to harnessing vital new energy resources. This sets the stage for a more prosperous and stable Lebanon,” she added.

Shea also said that the agreement promotes foreign investment in Lebanon, noting that this is “critical against the backdrop of the devastating economic situation.”

The deal “also promotes regional stability,” Shea went on to say.