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Investor Relations
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FinancialNews
23-07-19
Lebanon in oil talks with Egypt, Cyprus
(MENAFN) Lebanon is currently engaged in talks with Egypt and Cyprus on the possibility of joining hands in fields of oil and gas.
Energy and Water Minister Nada Boustani emphasized that "we aim at reaching agreements with countries in the region in a way that will yield benefits for everyone."
Cyprus and Lebanon are negotiating the potential of oil and gas to be generated through oil fields between both sides, the Lebanese minister affirmed.
Boustani further added that Egypt and Lebanon are discussing collaboration possibilities in the recommencement of the Arab Gas Pipeline.
MENAFN2307201900450000ID1098791617
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