Lebanon reaches initial deal for Egypt gas, seeks oil from Iraq and Iran

Published November 29th, 2000 - 02:00 GMT

Lebanese Prime Minister Rafiq Hariri has reached an initial agreement to import gas from Egypt and is seeking deals to buy oil from Iraq and Iran, a Beirut newspaper reported Tuesday. 

 

Hariri informed Syrian President Bashar al-Assad about the agreement with Egypt during his trip to Damascus on Monday, the pro-Syrian As Safir daily said. 

 

The deal, reached by Hariri during his trip to Cairo last week, stipulates that Lebanon imports gas from the Egyptian coastal city of al-Arish to the port of Tripoli in north Lebanon, before re-exporting it to Syria and Turkey, the paper said. 

 

The daily said Hariri is also seeking another project "aimed at importing oil from Iraq through Syria and from Iran through Iraq and Syria to allow Lebanon to re-export it to world markets." 

 

The Hariri-owned al-Mustaqbal newspaper quoted Egyptian Oil Minister Sameh Fahmi on Monday as saying that Lebanon would "import from Egypt a daily volume of between six and nine million cubic meters of gas worth between 80 and 100 million dollars." 

 

Last week, Hariri said Lebanon was eager to buy gas from neighboring Syria and was seeking plans to reach an agreement to rehabilitate pipelines running from Iraq to Lebanon through Syria.—AFP. 

©--Agence France Presse. 

 

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