Lebanon signs deal with 3 international oil companies

Lebanese President Michel Aoun, center, stands for the national anthem of Lebanon during the signing ceremony with an international consortium to start exploratory offshore drilling for oil and gas in Beirut. The ceremony was attended by officials from the consortium’s three oil companies, Italy’s Eni, France’s Total and Russia’s Novatek. (AP Photo)
Updated 09 February 2018
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Lebanon signs deal with 3 international oil companies

BEIRUT: Lebanon has signed a deal with an international consortium to start exploratory offshore drilling for oil and gas in what the country hopes will help boost its struggling economy.
The signing ceremony was held Friday in Beirut and was attended by President Michel Aoun and officials from the three oil companies, Italy’s Eni, France’s Total and Russia’s Novatek.
The agreement came two months after Lebanon’s government approved the licenses for the international consortium to move forward with offshore oil and gas development.
The three companies have bid for two of Lebanon’s 10 offshore blocks, to determine whether oil and gas exist.
Lebanon’s energy and water minister said the country will start exploratory offshore drilling for oil and gas next year. One of the blocks is disputed in part with Israel.


8 EU countries urge Israel to reconsider village demolition

It rebuked the Israeli High Court’s Sept. 5 decision to demolish the desert community. (AP)
Updated 55 min 17 sec ago
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8 EU countries urge Israel to reconsider village demolition

  • The eight countries are France, Netherlands, Poland, Sweden, United Kingdom, Belgium, Germany and Italy

UNITED NATIONS: Eight European Union nations are underlining their opposition to Israel’s planned demolition of the Palestinian village of Khan Al-Ahmar and are urging its government to reconsider the decision.
The statement was read by Dutch Ambassador Karel Van Oosterom outside the UN Security Council on Thursday. It rebuked the Israeli High Court’s Sept. 5 decision to demolish the desert community.
The eight countries are France, Netherlands, Poland, Sweden, United Kingdom, Belgium, Germany and Italy. They say in the statement that they “will not give up on a negotiated two-state solution with Jerusalem as a capital” of both Israel and a new Palestinian state.
That was an implicit slap at US President Donald Trump’s declaration in December that contested Jerusalem is the capital of Israel.