Lebanon lost 13 years
In this context, he says, Lebanese Prime Minister Former Fouad Siniora in an interview with the website "Sky News Arabia Economy" This agreement, in principle, serves Lebanon’s interest, and therefore care must be taken not to squander this opportunity, especially since Lebanon The one who wasted 13 years in sterile controversy, may not achieve more than what he achieved in his affair demarcation.
Prime Minister Siniora explains that in 2009 the government he headed determined the borders of Lebanon’s exclusive maritime economic zone in the south, and since that time there has been a large number of accusations of compromising rights, making it impossible to do any work to develop wealth lurking in that region. On the other hand, she Israel Determining the borders of its economic zone two years after Lebanon did so, but it was quick to benefit from its fields and began to generate revenues for its treasury.
No evidence of gas possession
Siniora said in his interview with the site "Sky News Arabia Economy" All discussions on the subject of Lebanon obtaining the promised revenues are considered premature, as Lebanon has, until this moment, no evidence that it possesses reserves. oil or GasPointing out that the issue of revenues cannot be addressed until after excavation and verification of the existence of reserves, to begin the process of preparing for the extraction of these wealth from the ground, which may extend for a period ranging between 5 and 7 years.
He stressed the need to focus efforts on restoring Lebanese government for its role in encouraging investment In Lebanon.
Settlement
For his part, the oil expert said; M. Rabie Yaghi in an interview with the site "Sky News Arabia Economy"What happened between Lebanon and Israel can be described as "Settlement" It is not an agreement or a treaty, noting that from a technical point of view, everyone has benefited from this settlement, which will have positive results for all parties.
The gains of both parties
According to Yaghi, Lebanon was able to recover its rights, as the settlement imposed Israel’s recognition of the 23rd line, which represents the border Economic Zone Exclusive to Lebanon.
At the same time, Israel has gained a kind of security stability that will enable it to start the process of commercial production close to the Karish field, where billions of dollars have been invested.
Yaghi believed that Lebanon would not be able to start the process of commercial production of gas and oil before 2030, but through this settlement he gained hope for an improvement in its situation after 8 years, noting that what is happening in Israel from the tightening of ropes regarding the demarcation of the maritime border with Lebanon is because of the elections. It is expected that things will reach their happy conclusions because both parties benefit.
“>
With the file entering the final decisive stages, awaiting the Israeli response, the process of tug-of-war has begun, especially in Israel, over the identity of the party that benefits most from this agreement.
Lebanon lost 13 years
In this context, he says, Lebanese Prime Minister Former Fouad Siniora told the “Sky News Arabia” website that this agreement, in principle, serves Lebanon’s interest, and therefore care must be taken not to squander this opportunity, especially since Lebanon The one who wasted 13 years in sterile controversy, may not achieve more than what he achieved in his affair demarcation.
Prime Minister Siniora explains that in 2009 the government he headed determined the borders of Lebanon’s exclusive maritime economic zone in the south, and since that time there has been a large number of accusations of compromising rights, making it impossible to do any work to develop wealth lurking in that region. On the other hand, she Israel Determining the borders of its economic zone two years after Lebanon did so, but it was quick to benefit from its fields and began to generate revenues for its treasury.
No evidence of gas possession
In his interview with the “Sky News Arabia” website, Siniora believes that all the talks on the issue of Lebanon obtaining the promised revenues are considered premature, as Lebanon, until this moment, has no evidence that it possesses reserves. oil or GasPointing out that the issue of revenues cannot be addressed until after excavation and verification of the existence of reserves, to begin the process of preparing for the extraction of these wealth from the ground, which may extend for a period ranging between 5 and 7 years.
He stressed the need to focus efforts on restoring Lebanese government for its role in encouraging investment In Lebanon.
Settlement
For his part, the oil expert said; M. Rabie Yaghi, in an interview with Iqtisad Sky News Arabia, said that what happened between Lebanon and Israel can be described as a “settlement” and not an agreement or treaty, noting that from a technical point of view, everyone benefited from this settlement whose results will be positive for all parties.
The gains of both parties
According to Yaghi, Lebanon was able to recover its rights, as the settlement imposed Israel’s recognition of the 23rd line, which represents the border Economic Zone Exclusive to Lebanon.
At the same time, Israel has gained a kind of security stability that will enable it to start the process of commercial production close to the Karish field, where billions of dollars have been invested.
Yaghi believed that Lebanon would not be able to start the process of commercial production of gas and oil before 2030, but through this settlement he gained hope for an improvement in its situation after 8 years, noting that what is happening in Israel from the tightening of ropes regarding the demarcation of the maritime border with Lebanon is because of the elections. It is expected that things will reach their happy conclusions because both parties benefit.