{"id":547451,"date":"2022-06-22T04:26:57","date_gmt":"2022-06-22T04:26:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/"},"modified":"2022-06-22T04:26:57","modified_gmt":"2022-06-22T04:26:57","slug":"egypt-lebanon-syria-sign-gas-import-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/","title":{"rendered":"Egypt, Lebanon + Syria sign gas import agreement"},"content":{"rendered":"

<\/a> We\u2019re one step closer to shipping natural gas to Lebanon:<\/strong> Egypt, Lebanon and Syria have inked an agreement to import gas from Egypt to Lebanon under an emergency US-backed plan to ease the country\u2019s electricity shortage, the three countries announced<\/a>at a press conference yesterday.<\/p>\n

The pact will see Egypt ship 650 mn cubic meters of gas per year<\/strong> via the newly-renovated Arab Gas pipeline, which transits Jordan and Syria into northern Lebanon. The gas shipments would allow an extra four hours of electricity a day to be generated in Lebanon, which has been suffering crippling electricity shortages<\/a> after its central bank lifted fuel subsidies last year as the country grapples with a devastating economic crisis.<\/p>\n

The sides did not disclose how much Lebanon will be paying for the gas <\/strong>but Magdy Galal, chairman of Egypt\u2019s state-owned gas company EGAS, said that Egypt would \u201coffer an appropriate and preferential price.\u201d<\/p>\n

It\u2019s all in Washington\u2019s hands now:<\/strong> The US government and the World Bank still need to give their blessings to the agreement before the gas can begin to flow, Lebanon\u2019s caretaker energy minister Walid Fayad told Reuters<\/a>. Washington will assess whether the arrangement is in breach of its sanctions on the Syrian government, while the Bank is waiting on Beirut to implement electricity reforms<\/a> before it agrees to help finance the initiative. \u201cAs soon as they [the World Bank and the US] approve the financing we're good to go,\u201d Fayad said.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re one step closer to shipping natural gas to Lebanon: Egypt, Lebanon and Syria have inked an agreement to import gas from Egypt to Lebanon under an emergency US-backed plan to ease the country\u2019s electricity shortage, the three countries announcedat a press conference yesterday. The pact will see Egypt ship 650 mn cubic meters of […]<\/p>\n","protected":false},"author":1,"featured_media":547452,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[244,93,72,108,91,433,117,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-electricity","tag-energy","tag-enterpriseam","tag-lebanon","tag-oil-and-gas","tag-syria","tag-us","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"e8c79455-a9d6-441b-8cee-9e9afaf7bd4a","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/6\/271.jpg","photo_position":"above","related_issue":[547441],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, Lebanon + Syria sign gas import agreement - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Lebanon + Syria sign gas import agreement\" \/>\n<meta property=\"og:description\" content=\"We\u2019re one step closer to shipping natural gas to Lebanon: Egypt, Lebanon and Syria have inked an agreement to import gas from Egypt to Lebanon under an emergency US-backed plan to ease the country\u2019s electricity shortage, the three countries announcedat a press conference yesterday. The pact will see Egypt ship 650 mn cubic meters of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-22T04:26:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/271.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt, Lebanon + Syria sign gas import agreement\",\"datePublished\":\"2022-06-22T04:26:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\"},\"wordCount\":253,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/271.jpg?fit=%2C&ssl=1\",\"keywords\":[\"electricity\",\"energy\",\"EnterpriseAM\",\"Lebanon\",\"oil and gas\",\"Syria\",\"US\",\"World Bank\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/egypt-lebanon-syria-sign-gas-import-agreement\/\",\"name\":\"Egypt, Lebanon + Syria sign gas import agreement - 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This left large parts of the country with no power, with the outage likely to last until Monday, a Lebanese official told Reuters. Egypt\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556014,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/06\/egypt-and-lebanon-are-close-to-wrapping-up-natgas-supply-agreement\/","url_meta":{"origin":547451,"position":1},"title":"Egypt and Lebanon are close to wrapping up natgas supply agreement","author":"enterpriseam admin","date":"6 October 2021","format":false,"excerpt":"Egypt is putting the final touches on an agreement to supply natural gas to Lebanon in a bid to help the crisis-hit country mitigate shortages of fuel imports, Energy Minister Tarek El Molla and his Lebanese counterpart, Walid Fayad, said following a meeting yesterday, according to CNBC Arabia. A few\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/85.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553883,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/12\/lebanon-asks-egypt-to-help-plug-urgent-energy-gap\/","url_meta":{"origin":547451,"position":2},"title":"Lebanon asks Egypt to help plug \u201curgent\u201d energy gap","author":"enterpriseam admin","date":"12 December 2021","format":false,"excerpt":"Lebanon requests a helping hand from Egypt: Lebanese Prime Minister Najib Mikati asked for Egypt to support it with natural gas so it can \u201curgently\u201d generate electricity during his one-day visit to Egypt over the weekend. Egypt is expected to begin exporting 60-65 mn cbf\/d of natural gas to Lebanon\u2026","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":681006,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/13\/egyptian-regasified-natural-gas-starts-heading-to-lebanon-and-syria\/","url_meta":{"origin":547451,"position":3},"title":"Egyptian-regasified natural gas starts heading to Lebanon and Syria","author":"enterpriseam admin","date":"13 January 2026","format":false,"excerpt":"This plays into Egypt\u2019s efforts to position itself as the premier energy hub in the eastern Mediterranean","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557190,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/egypt-to-export-natural-gas-to-crisis-hit-lebanon\/","url_meta":{"origin":547451,"position":4},"title":"Egypt to export natural gas to crisis-hit Lebanon","author":"enterpriseam admin","date":"9 September 2021","format":false,"excerpt":"Egypt will export natural gas to Lebanon via a pipeline running through Jordan and Syria following an agreement to help relieve the fuel shortage currently paralysing Lebanon. In a meeting hosted by Jordan yesterday, the four countries agreed to bring online the Arab Gas Pipeline, which will be used to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/120.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546577,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/22\/final-contracts-for-natural-gas-exports-to-lebanon-to-be-signed-soon-lebanese-energy-minister\/","url_meta":{"origin":547451,"position":5},"title":"Final contracts for natural gas exports to Lebanon to be signed \u201csoon\u201d -Lebanese energy minister","author":"enterpriseam admin","date":"22 May 2022","format":false,"excerpt":"The final contracts for plans to ship natural gas to Lebanon via the Arab Gas Pipeline are expected to be signed \u201csoon,\u201d according to a Lebanese cabinet statement. The Lebanese government is set to coordinate with Egypt\u2019s Oil Ministry this week over final terms for the gas imports, he added.\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/277.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=547451"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547451\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/547441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/547452"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=547451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=547451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=547451"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=547451"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=547451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}