Economy

Jordan Hosts Quadripartite Meeting on Delivering Egyptian Gas to Lebanon

Jordan Hosts Quadripartite Meeting on Delivering Egyptian Gas to Lebanon

The Jordanian capital will host a quadripartite meeting on Wednesday bringing together the energy ministers of Jordan, Lebanon, Syria, and Egypt to discuss supplying the Lebanese Republic with Egyptian gas through Jordanian territory. A statement from the Jordanian Ministry of Energy and Mineral Resources mentioned that, "at the invitation" of Minister Hala Zawati, "Jordan will host next Wednesday in the capital, Amman," the energy ministers from the three countries "to explore ways to enhance cooperation to deliver Egyptian gas to Lebanon via Jordan."

On Saturday, a Lebanese ministerial delegation held talks with officials in Damascus during the first official high-level government visit to Syria since the outbreak of the conflict there, aiming to discuss the import of gas and energy from Egypt through Jordan via Syria.

Lebanon has been experiencing a fuel shortage for months, affecting various sectors, including hospitals, bakeries, communications, and food supplies, amid a worsening economic crisis classified by the World Bank as among the worst in the world since 1850. Syria is also suffering from a severe electricity crisis due to the ongoing conflict since 2011, exacerbated by economic sanctions imposed on it.

Last month, the Lebanese presidency announced that it had received approval from Washington to assist Lebanon in importing electric power and gas from Egypt and Jordan via Syria. This US commitment effectively means Washington approved exempting Lebanon from sanctions imposed on Syria, which prohibit any financial or commercial transactions with it.

Our readers are reading too