19/08/2021
Negotiations
are ongoing with the World Bank to secure financing for the price of Egyptian
gas, the repair and strengthening of electricity transmission lines, and the
required maintenance of gas pipelines.
President of
the Republic, General Michel Aoun, received a phone call from the US Ambassador
to Lebanon, Mrs. Dorothy Shea, this morning. Ambassador Shea informed the
President that, in response to the deliberations she had with him during her
recent visit to Baabda Palace, she was informed of a decision by the US
administration to continue helping Lebanon to import electricity from Jordan,
via Syria, by providing quantities of Egyptian gas to Jordan, enabling it to
produce additional quantities of electricity to be placed on the network
linking Jordan with Lebanon via Syria.
This process
will also facilitate the transfer of Egyptian gas through Jordan and Syria to
northern Lebanon.
Moreover,
Ambassador Shea pointed out that the US side is exerting great efforts to
accomplish these measures, and that negotiations are underway with the World
Bank to secure financing for the price of Egyptian gas, repair and
strengthening of electricity transmission lines, and the required maintenance
of gas pipelines.
For his part,
President Aoun thanked the US Ambassador for the efforts to achieve this step,
which is in the interest of all the Lebanese who are going through a severe
economic and living crisis, promising to make the required effort from Lebanon
to achieve this project.