popular articles

Lebanon and Israel Sign Agreement Delineating Their Maritime Boundary

Lebanon and Israel, signed Thursday an agreement delimiting their maritime border after months of arduous negotiations.

Please share:

Lebanon and Israel, neighboring countries officially in a state of war, signed Thursday an agreement delimiting their maritime border after months of arduous negotiations through the United States, which ensures the distribution of valuable offshore gas deposits in the eastern Mediterranean.

The border agreement constitutes a de facto “recognition” of the Jewish state by Beirut, said Israeli Prime Minister Yair Lapid at the beginning of a Council of Ministers that officially endorsed the text.

“This is a political achievement, it is not every day that an enemy state recognizes the State of Israel in a written agreement and this, before the entire international community, “he added.

U.S. President Joe Biden welcomed the imminent signing of this “historic” agreement on Wednesday, stressing that “it took a lot of courage to commit to it and do it”.

The agreement is to be signed in the afternoon, in the presence of the American mediator Amos Hochstein and the UN special coordinator in Lebanon Joanna Wronecka.

Beirut insisted that its delegation had no official contact with the Hebrew delegation during the signing, demanding that the ceremony be held in two separate rooms at the headquarters of the United Nations Interim Force in Lebanon (UNIFIL) in the Lebanese border town of Naqoura.

For Lebanon, mired in a deep economic crisis, this agreement comes just days before the end of President Michel Aoun’s term in office, without a successor being found, and for Israel shortly before the November 1 legislative elections.

“The agreement on the maritime border will take the form of two exchanges of letters, one between Lebanon and the United States and the other between Israel and the United States,” explained the spokesman for the UN Secretary General, Stephane Dujarric.

The Lebanese delegation will have the sole mission of “handing over the letter in the presence of Amos Hochstein and the UN representative, and will not meet in any way with the Israeli delegation,” said the spokesman for the Lebanese presidency Rafik Chelala.

– “Eliminate a war” –

The agreement, which will allow the two countries to exploit gas fields in the eastern Mediterranean, was reached after years of American mediation.

Under the agreement, the Karish offshore field is located entirely in Israeli waters.

Lebanon for its part will have full rights to explore and exploit the Qana field, located further north-east, part of which lies in Israeli territorial waters. But “Israel will be paid” by the firm operating Cana “for its rights to any deposits”, according to the text.

Amos Hochstein, who negotiated the agreement, told reporters that it was a “historic day” and that the agreement would “create hope and economic opportunity” and “stability” for both sides.

He said he was convinced that the agreement could be “an economic turning point” for Lebanon, and open “a new era of investment” that could boost the economy.

The mediator, who met on Wednesday with President Aoun, also met with the two other poles of power, Prime Minister Najib Mikati and the Speaker of Parliament, Nabih Berri, before traveling to Naqoura and then to Israel.

Without even waiting for the signature, the energy group Energean launched on Wednesday the production of natural gas at the Karish field.

The Israeli government had given the company the final go-ahead the day before to begin production at this deposit.

Lebanon, for its part, has asked TotalEnergies to quickly begin exploration work in the Qana field.

“The goal of the agreement (…) is to eliminate as much as possible the possibility of a maritime war between Israel and Lebanon,” said former U.S. negotiator Frederic Hof on Wednesday.

The agreement could not have been signed without the consent of the powerful pro-Iranian Hezbollah in Lebanon, which had threatened over the summer to attack Israel if the Jewish state began extracting gas from the Karish field before an agreement was reached.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The United States has sanctioned a Chinese refinery processing Iranian crude, increasing pressure on Tehran and raising concerns over global oil market stability.
The United States has cancelled oil operation authorisations in Venezuela for foreign companies, disrupting exports and reinforcing the country's economic isolation following Nicolás Maduro's contested re-election.
The United States has cancelled oil operation authorisations in Venezuela for foreign companies, disrupting exports and reinforcing the country's economic isolation following Nicolás Maduro's contested re-election.
The Algerian energy group Sonelgaz is offering its technical expertise to Burkina Faso to strengthen its electrical infrastructure, illustrating Algeria's strategic intention to consolidate its presence in sub-Saharan Africa’s energy markets.
The Algerian energy group Sonelgaz is offering its technical expertise to Burkina Faso to strengthen its electrical infrastructure, illustrating Algeria's strategic intention to consolidate its presence in sub-Saharan Africa’s energy markets.
Washington again delays the enforcement of sanctions against NIS, the Serbian energy company controlled by Gazprom, extending the status quo until the end of April according to Serbian President Aleksandar Vucic.
Washington again delays the enforcement of sanctions against NIS, the Serbian energy company controlled by Gazprom, extending the status quo until the end of April according to Serbian President Aleksandar Vucic.
The United States has strengthened its support for Guyana amid Venezuela’s claims over the Essequibo, warning Caracas of a military response in case of aggression targeting the territory or American oil interests.
No attacks on energy installations have been reported since a partial agreement announced by the United States, marking a pause in hostilities targeting critical infrastructure.
No attacks on energy installations have been reported since a partial agreement announced by the United States, marking a pause in hostilities targeting critical infrastructure.
During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.
During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.
US Secretary of State Marco Rubio launches meetings with Caribbean leaders to discuss energy security, trade pressures and regional instability, including in Haiti and Guyana.
US Secretary of State Marco Rubio launches meetings with Caribbean leaders to discuss energy security, trade pressures and regional instability, including in Haiti and Guyana.
Hungary’s Foreign Minister travelled to Moscow for talks with Russian authorities on energy security, reinforcing a strategic energy partnership already bolstered by record gas and oil deliveries in 2024.
Donald Trump imposes 25% tariffs against importers of Venezuelan oil, particularly targeting China, which has already condemned an infringement on its economic sovereignty, signaling increased tensions in global energy markets.
Donald Trump imposes 25% tariffs against importers of Venezuelan oil, particularly targeting China, which has already condemned an infringement on its economic sovereignty, signaling increased tensions in global energy markets.
The planned visit of senior US officials to Greenland sparks political backlash in Nuuk, as no new government has been formed since the 11 March elections.
The planned visit of senior US officials to Greenland sparks political backlash in Nuuk, as no new government has been formed since the 11 March elections.
Starting 2 April, the United States will apply a 25% customs duty on all goods from countries trading with Venezuela’s oil or gas sector, Donald Trump announced.
Starting 2 April, the United States will apply a 25% customs duty on all goods from countries trading with Venezuela’s oil or gas sector, Donald Trump announced.
Washington imposes sanctions on Luqing Petrochemical, the first independent Chinese refinery targeted for its alleged ties to Iranian oil, as part of its intensified economic pressure campaign against Tehran.
A Panama-flagged vessel suspected of belonging to the Russian shadow fleet was detained by German customs after suffering an engine failure in the Baltic Sea in January.
A Panama-flagged vessel suspected of belonging to the Russian shadow fleet was detained by German customs after suffering an engine failure in the Baltic Sea in January.
Amidst war and geopolitical uncertainty, Ukraine must choose between European influence and the strategic promises of the United States, a choice that could redefine its economic and security future, particularly in terms of natural resources.
Amidst war and geopolitical uncertainty, Ukraine must choose between European influence and the strategic promises of the United States, a choice that could redefine its economic and security future, particularly in terms of natural resources.
As Russian gas deliveries via Nord Stream have ceased, Europe is exploring possible solutions to repurpose or replace this major infrastructure within a complex energy transition and diversification of supply sources.
As Russian gas deliveries via Nord Stream have ceased, Europe is exploring possible solutions to repurpose or replace this major infrastructure within a complex energy transition and diversification of supply sources.
Donald Trump and Vladimir Putin are set to discuss the sharing of rare earth resources in Ukraine on Tuesday, including energy production plants and territories rich in raw materials. These resources are at the heart of the ceasefire negotiations.
UK Energy Minister Ed Miliband met Chinese officials in Beijing to discuss energy cooperation and reducing greenhouse gas emissions, despite disagreements over Hong Kong, forced labour, and the war in Ukraine.
UK Energy Minister Ed Miliband met Chinese officials in Beijing to discuss energy cooperation and reducing greenhouse gas emissions, despite disagreements over Hong Kong, forced labour, and the war in Ukraine.
The European Union has announced a €4.7 billion investment to support South Africa’s energy transition. This initiative is part of a broader strategy of economic cooperation and strategic repositioning of international partners.
The European Union has announced a €4.7 billion investment to support South Africa’s energy transition. This initiative is part of a broader strategy of economic cooperation and strategic repositioning of international partners.
American and Vietnamese companies have signed several commercial agreements totaling $4.15 billion, primarily in the energy and aviation sectors, aiming to reduce the trade imbalance between the two countries.
American and Vietnamese companies have signed several commercial agreements totaling $4.15 billion, primarily in the energy and aviation sectors, aiming to reduce the trade imbalance between the two countries.
A tripartite meeting between China, Russia and Iran will be held in Beijing to address the Iranian nuclear dossier as tensions surrounding Iran's nuclear programme continue to rise.
Guyana’s President, Mohamed Irfaan Ali, reaffirmed his commitment to a diplomatic resolution of the territorial dispute with Venezuela over the Essequibo region as tensions escalate over offshore oil resources.
Guyana’s President, Mohamed Irfaan Ali, reaffirmed his commitment to a diplomatic resolution of the territorial dispute with Venezuela over the Essequibo region as tensions escalate over offshore oil resources.
Donald Trump applies his negotiation methods to the energy sector, leveraging tariffs and targeted statements to influence markets and trading partners. Behind these decisions lies an ambiguous commercial strategy blending bluff and concrete actions.
Donald Trump applies his negotiation methods to the energy sector, leveraging tariffs and targeted statements to influence markets and trading partners. Behind these decisions lies an ambiguous commercial strategy blending bluff and concrete actions.
Newcleo and Danieli have signed a strategic agreement to integrate advanced nuclear reactors into steel production processes, aiming to eliminate fossil fuel use amid rising energy costs in Europe's industrial sectors.
Newcleo and Danieli have signed a strategic agreement to integrate advanced nuclear reactors into steel production processes, aiming to eliminate fossil fuel use amid rising energy costs in Europe's industrial sectors.

Advertising