After months of negotiations, Lebanon signed an agreement to import the Egyptian natural gas via Syria.

“The importance of this deal stems from the fact that it will secure an additional four hours of electricity per day following its implementation,” caretaker Energy Minister Walid Fayyad said.

“We hope that after today, all hurdles will have been cleared so that we can receive World Bank funding and… final guarantees from the U.S., especially with regard to sanctions,” Fayyad added.

It is worth noting that Lebanon had also signed an agreement with Jordan to import electric power via Syria; however, the US pressures and sanctions have been preventing the implementation of this agreement.

Source: Al-Manar English Website