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HISTORICAL FACTS: Walid fayyad - Caught on Camera

Egypt Ready to Pump Natural Gas to Lebanon

Egypt confirmed its commitment and readiness to pump natural gas "immediately" to Lebanon as soon as the procedures related to the start of exporting and receiving Egyptian gas to Lebanese territory are completed. During a meeting with Lebanese caretaker Minister of Energy and Water Walid Fayyad in Cairo, Egyptian Minister…

Asharq Al-Awsat · Oct 18, 2022

US Envoy Pushes Lebanon-Israel Talks over Maritime Dispute

US envoy Amos Hochstein arrived in Beirut Sunday to push talks to resolve a bitter maritime border dispute between Lebanon and Israel over Mediterranean waters with offshore gas fields. "Reaching a resolution is both necessary and possible, but can only be done through negotiations and diplomacy," the US State Department…

Asharq Al-Awsat · Jul 31, 2022

Lebanon: US Ensures Egypt, Jordan are Exempted from Caesar Act on Gas Deal

The US Ambassador to Lebanon Dorothy Shea assured that progress has been made on the agreement to secure Egypt and Jordan from the Caesar Act in order to deliver natural gas to cash-strapped Lebanon. Shea made her assurance during a meeting with Lebanon’s caretaker Energy Minister Walid Fayyad on Friday.…

Asharq Al-Awsat · Jul 2, 2022

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Lebanon Extends Licensing Deadline for Gas Exploration

Lebanon’s caretaker energy minister on Wednesday extended the licensing deadline for oil and gas companies to explore in the country’s territorial waters until mid-December, to give more firms the chance to bid, state-run news agency reported. The decision by the minister, Walid Fayyad, to extended the deadline of the second…

Asharq Al-Awsat · Jun 15, 2022

Lebanon Preparing to Offer Compromise on Maritime Spat with Israel, Officials Say

Lebanon is preparing to offer a compromise to US energy envoy Amos Hochstein to resolve a dispute with Israel over maritime gas resources, three Lebanese officials with knowledge of the negotiations told Reuters. Hochstein landed in Beirut on Monday at the invitation of the Lebanese government, which had objected to…

Asharq Al-Awsat · Jun 14, 2022

Lebanese Caretaker Energy Minister Says ‘Politics’ behind Delay of US-Backed Electricity Plan

Lebanon's caretaker energy minister said on Wednesday "politics" was behind the delay of a US-backed deal to supply his country with electricity from Jordan via Syrian territory to ease crippling power shortages. Walid Fayyad told Reuters that the World Bank, which had pledged to finance the project, was "tying it…

Asharq Al-Awsat · Jun 8, 2022

Lebanon Issues 11 Licenses for Small-scale Solar Power Projects

The Lebanese government has issued licenses to 11 companies to construct solar power plants capable of producing 15 megawatts each, energy minister Walid Fayyad said on Thursday at a news briefing. The companies, which include both local and international firms, would have a year to secure funding, the minister said.…

Asharq Al-Awsat · May 12, 2022

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Lebanon: Concerns Rise of Total Darkness after the Polls

Warnings are growing in Lebanon that the country’s lingering electricity crisis could worsen after its parliamentary elections on May 15, amid fears of total darkness engulfing the nation in light of dysfunctional public services. Walid Fayyad, Lebanon’s Energy Minister declared that the completion of the contract to import gas from…

Asharq Al-Awsat · May 1, 2022

Egyptian Gas Supply to Lebanon Awaits US Guarantees, World Bank Funding

Lebanon’s Energy Minister Walid Fayyad held talks with Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Mulla in Cairo on Thursday. Fayyad said that concluding the deal to import gas from Egypt through Syria requires US guarantees to exempt Lebanon from the Caesar Act sanctions, and requires the necessary World…

Asharq Al-Awsat · Apr 15, 2022

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