The Minister of Energy and Water in the caretaker government, Walid Fiadeh, emphasized that "Qatar has the largest gas reserves in the world and possesses the production capabilities that put it at the forefront of global energy markets. Therefore, its presence in Lebanese energy projects is of great importance. Having Qatar as a strategic partner in the energy sector in Lebanon is crucial and contributes to enhancing investor confidence and providing sustainable solutions for stability in Lebanon."
Fiadeh noted that "the state minister for energy, Saad bin Sherida Al-Kaabi, confirmed during his visit to Lebanon that Qatar is interested in investing with Total Energy in solar energy in Lebanon, while the Lebanese Ministry of Energy is coordinating with the Qatari side regarding solar energy projects."
He praised the Qatari-Lebanese relations, considering that "Qatar has supported and continues to support Lebanon on various regional and international platforms and has contributed to the relief and assistance of the Lebanese people in crises. It continues to exert diplomatic efforts to achieve stability and prosperity in Lebanon."
Regarding the revival of the Lebanese economy, Fiadeh stated in his interview with "Asharq": "Lebanon will become on the gas map in the region and the world, providing greater confidence in Lebanon's economic future, as it will cover its investment needs and part of its debts, and it will allow investments to begin from the very first day it is discovered, and it is not necessary to wait until extraction to start benefiting, given that the existence and the contract with the partners, especially the French, preserves the rights of the state."
Regarding Arab cooperation to find long-term solutions for electricity, Fiadeh clarified that "the available and feasible solution currently is fuel from Iraq. We will receive one and a half million tons of Iraqi fuel under a new contract starting this fall, which includes two million tons of crude oil."
