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22-06-22
Lebanon, Egypt, Syria ink gas re-flow agreement on 'Arab Gas Pipeline'
(MENAFN) Lebanese, Egyptian and Syrian governments inked a contract for the re-flow of gas from the 'Arab Natural Gas' pipeline on Tuesday in the capital of Lebanon.
Lebanese Energy Minister, Walid Fayyad, Syria's Deputy Ambassador to Beirut, Ali Abdulkerim Ali, as well as Egypt's Ambassador to Beirut, Yasser Allavi, were attending at the gas deal ceremony that took place at the Lebanese Ministry of Energy.
Under the deal, 720 million cubic meters a year are going to be shipped from Egypt to Lebanon.
Fayyad stated confirming that 'With Egyptian gas, (Lebanese) citizens will be able to provide electricity for four more hours a day.'
Egypt urged the US government to help the implementation of the deal, with keeping in mind the point that the World Bank fully funds Egyptian gas imports.
MENAFN22062022000045014228ID1104412886
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