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According to economic analysts and industry specialists, powerthat the deal allows Beirut to increase exploration and prospecting Which helps to support its faltering economy.
On the other hand, it represents tel Aviv domain over Karish gas fieldto increase its natural gas exports for Europe.
and honesty Israeli governmentWednesday, by a large majority on the principles of the agreement Delimit the maritime border with Lebanon The agreement reached between the two countries must be presented to the Knesset for information.
Israeli Prime Minister Yair Lapid said this deal excludes the possibility of armed clashes with Hezbollah, adding that "This is a historic achievement that will improve Israel’s security, inject billions into the economy and ensure the stability of our northern borders.".
And the president of the United States Joe Biden Telephone conversations with Lebanese President Michel Aoun and Israeli Prime Minister Lapid, "They confirmed the readiness of the two governments to pursue this agreement"according to a statement White House.
Economic recovery
It described Paul Sullivan, a senior economic analyst and non-resident researcher at the Atlantic Council’s Global Energy Center "Sky News Arabia"agree that "Good start, high hopes for both countries".
He added: "Both countries need to find some hope for their people and their economies to move forward. Conflicts and wars have cost the region dearly and we must look to a better future. The last few years have been difficult, especially for the region. Lebanon".
Sullivan believes the deal represents an opportunity for Lebanon’s economic recovery in the midst of the country’s current crisis, adding: "Lebanon can find a more stable environment For foreign investors to refuel".
political advantages
This was stated by the American expert on security and strategic affairs, Irina Zuckerman, in statements to"Sky News Arabia"than the deal "Lebanon will allow gas exploration In the disputed area, however, it would also protect Israel’s economic and security interests nearby".
Tuskerman noticed this "Israel retains sovereignty over the Karish field and seeks to develop it as it seeks to position itself as a natural gas supplier to Europe. This step has great economic benefits and also strategic importance.".
On the other hand, describe Israeli Defense Minister Benny Gantz said the deal is a great economic achievement, noting that the maritime border demarcation agreement with Lebanon serves Tel Aviv’s interests and establishes a new security equation.
win for Europe
International Energy Councilor Amer Al-Shobaki explained in statements to the site "Sky News Arabia"that Israel would gain a lot if the deal were approved in its final form.In fact, and Europe’s gas needs, Tel Aviv’s exports have increased this year by 22%, and hence the entry of new rights it would bring additional revenue.
Al-Shobaki indicated that he should overcome gas inlets Israel has about $ 1.4 billion by the end of this year, a 50 percent increase from last year’s average revenue, with an increase in exports to Europe, and thus this brings significant revenue to the Israeli budget.
As for Lebanon, Al-Shobaki believes that this agreement will bring profits to Beirut, where a company will be born "Total energy" French in exploration and exploration in relation to the field "cana"And this paves the way for greater accountability of the Lebanese economy and a change in credit prospects that allows it to the International Monetary Fund By completing her program and providing her with the necessary loan to get through the difficult phase.
The quantities of gas extracted will also be sufficient to run the power plants in Lebanon, which have been hit in recent months.
Details of the agreement
According to the wording of the draft agreement presented by the American mediator, Amos Hochstein and leaked to the press:
- Karish camp completely under Israeli control in exchange for grants Kana camp Lebanon, noting that part of it crosses the dividing line that separates the waters of the two countries.
- keep company "Total" The French have obtained a license to explore gas in the field "cana"Israel will receive a share of the future revenue.
- Israel You will receive approximately 17 percent of the camp proceeds "cana" when it goes into production.
- This Agreement enters into force on the date on which the Government of been united Notice containing the consent of both parties.
- Subsequently, Lebanon and Israel simultaneously send identical coordinates to the United Nations defining the location of the maritime border.
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According to economic analysts and industry specialists, powerthat the deal allows Beirut to increase exploration and prospecting Which helps to support its faltering economy.
On the other hand, it represents tel Aviv domain over Karish gas fieldto increase its natural gas exports for Europe.
and honesty Israeli governmentWednesday, by a large majority on the principles of the agreement Delimit the maritime border with Lebanon The agreement reached between the two countries must be presented to the Knesset for information.
Israeli Prime Minister Yair Lapid said this deal eliminates the possibility of armed clashes with Hezbollah, adding that “this is a historic achievement that will strengthen Israel’s security, inject billions into the economy and ensure the stability of our northern borders.”
And the president of the United States Joe Biden Telephone conversations with Lebanese President Michel Aoun and Israeli Prime Minister Lapid, “who confirmed the readiness of the two governments to pursue this agreement,” according to a statement. White House.
Economic recovery
Paul Sullivan, a leading economic analyst and non-resident researcher at the Atlantic Council’s Global Energy Center, described the deal as “a good start and has high hopes for both countries.”
He added: “Both countries need to find some hope for their people and their economies to move forward. Conflicts and wars have cost the region dearly and we need to look to a better future. The past years have been difficult, especially for the region. . ” Lebanon“.
Sullivan believes that the agreement represents an opportunity for Lebanon’s economic recovery in the midst of the crisis the country is experiencing, adding: “Lebanon can find a more stable environment”. For foreign investors to refuel.
political advantages
The American expert on security and strategic affairs, Irina Zuckerman, said in statements to “Sky News Arabia” that the agreement “will allow Lebanon to gas exploration In the disputed area, however, it would also protect Israel’s economic and security interests nearby. “
Tuskerman indicated that “Israel maintains sovereignty over the Karish field and seeks to develop it while seeking to position itself as a supplier of natural gas to Europe. This step has great economic benefits and also strategic importance.”
On the other hand, describe Israeli Defense Minister Benny Gantz said the deal is a great economic achievement, noting that the maritime border demarcation agreement with Lebanon serves Tel Aviv’s interests and establishes a new security equation.
win for Europe
International energy adviser Amer Al-Shobaki explained in statements to “Sky News Arabia” that Israel would gain a lot if the deal was approved in its final form. Indeed, Europe’s gas needs have increased Tel Aviv’s exports this year by 22% and therefore the entry of new rights generates additional revenue.
Al-Shobaki indicated that he should overcome gas inlets Israel has about $ 1.4 billion by the end of this year, a 50 percent increase from last year’s average revenue, with an increase in exports to Europe, and thus this brings significant revenue to the Israeli budget.
Regarding Lebanon, Al-Shobaki believes that this agreement will bring gains to Beirut, as the French company “Total Energy” begins exploration and exploration for the “Qana” field, and this opens the way to greater accountability of the economy, and a change in credit outlook to allow to the International Monetary Fund By completing her program and providing her with the necessary loan to get through the difficult phase.
The quantities of gas extracted will also be sufficient to run the power plants in Lebanon, which have been hit in recent months.
Details of the agreement
According to the wording of the draft agreement presented by the American mediator, Amos Hochstein and leaked to the press:
- Karish camp completely under Israeli control in exchange for grants Kana camp Lebanon, noting that part of it crosses the dividing line that separates the waters of the two countries.
- French company “Total” gets a license to explore gas in the “Qana” field, with Israel receiving a share of future revenues.
- Israel It will receive approximately 17 percent of the revenue from the “Qana” field when it goes into production.
- This Agreement enters into force on the date on which the Government of been united Notice containing the consent of both parties.
- Subsequently, Lebanon and Israel simultaneously send identical coordinates to the United Nations defining the location of the maritime border.
