Egyptian Energy Minister Tarek El Molla said that his country will start pumping Egyptian gas to Lebanon via Syria and Jordan, starting from the beginning of next year.
“Bloomberg” news agency quoted “Al-Mulla” as saying in a press interview, “His country stands with the Lebanese state in its crisis to secure the necessary oil derivatives to provide electrical energy.”
Al-Mulla indicated that his country is close to achieving self-sufficiency in fuel by 2023, thanks to the development of existing refineries and the establishment of 7 new refineries as part of a project with an operational cost of $7 billion.
He noted, “His country is not considered an oil producer, but it meets the needs of sectors in the country, and instead of importing refined products, Egypt prefers to import crude oil and refine it locally.”
Al-Mulla said during a joint press conference earlier this month that he had discussed with his Lebanese counterpart Walid Fayyad ways to finalize the procedures related to supplying Lebanon with Egyptian gas.
He added that those discussions with his Lebanese counterpart were constructive in terms of setting a road map for the delivery of Egyptian gas to Lebanon.
For his part, the Lebanese Minister of Energy said that the talks in Egypt were successful, as they discussed the quick mechanisms to be taken in order to reactivate the agreements to supply Lebanon with Egyptian gas through Syria and Jordan.
It is noteworthy that the Jordanian capital, Amman, witnessed on the 8th of last September, a meeting between the energy ministers of Jordan, Egypt and Lebanon, in addition to the Minister of Oil in the government of the Assad regime, to agree on activating the Arab gas pipeline that has been suspended since 2012.