SAWT BEIRUT INTERNATIONAL

| 2 December 2021, Thursday |

Fayyad, Hochstein present the initiative to import gas from Egypt and replace it in Syria

Minister of Energy and Water Walid Fayyad met with the Adviser to the US State Department for Energy Security, the new US mediator for the indirect negotiation process on the demarcation of the southern Lebanese maritime border, Amos Hochstein, in the presence of US Ambassador Dorothy Shea.

The Press Office of the Minister of Energy said in a statement that “the parties discussed the solutions for the energy sector, especially the initiative related to the import of gas from Egypt and its replacement in Syria through the Swap technology and the import of electricity from Jordan through Syria.”

The statement added: “Discussions were positive on all matters related to energy and finding solutions to complete the agreement as soon as possible, and the possibility of accelerating the process of funds to conclude this agreement.”

Fayyad thanked Hochstein and Shea for the efforts being made with the World Bank, especially since the United States is one of the largest contributors to this institution, which paves the way for the progress of the agreement to complete the financing of this project.

In this context, Hochstein told Fayyad that the US administration reassures that it will protect the project and the parties involved in it from the repercussions of the Caesar Act sanctions.”