Egypt near finalising preparations for fuel provides to Lebanon

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CAIRO, Oct 5 (Reuters) – Egypt is finalising preparations to begin supplying fuel to Lebanon quickly underneath a plan to assist ease Lebanon’s energy disaster, the 2 nations’ power ministers stated after assembly on Tuesday.

Under an settlement introduced final month, Egypt will provide pure fuel to Lebanon by way of a pipeline that passes by Jordan and Syria to assist to spice up Lebanon’s electrical energy output. The deal, agreed by all 4 nations, is a part of a U.S.-backed plan to handle Lebanon’s energy shortages. learn extra

Lebanese Energy Minister Walid Fayad stated on Tuesday that Egypt might present extra fuel than initially anticipated if needed however gave no particulars.

“Egypt offered … helping in the energy sector through the possibility of offering extra quantities of gas,” Fayad stated at a joint press briefing with Egyptian Petroleum Minister Tarek El Molla in Cairo after their assembly.

“We will have another discussion on this,” Fayad stated, with out elaborating.

Molla stated that the 2 nations agreed on a roadmap for the fuel provides.

“God willing, we can finish the measures related to the deal within the few coming weeks,” Molla stated, however didn’t say when provides would start.

Life in Lebanon has been paralysed by the disaster, which has deepened as provides of imported gas have dried up. It is a part of a wider monetary disaster that has sunk the Lebanese forex by 90% since 2019.

The power plan, nonetheless, is sophisticated by U.S. sanctions on the Syrian authorities of President Bashar al-Assad. Lebanese officers have known as on Washington to grant an exemption.

Damascus has stated it is able to cooperate.

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

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

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

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