Lebanon and Cyprus Finalize Sea Border Agreement After an Almost 20-Year Impasse
The deal ends a nearly 20-year delay and could unlock gas resources amid Lebanon’s economic crisis and Cyprus’s role in diversifying European energy supplies, officials said.
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9 Articles
Lebanon, Cyprus sign maritime demarcation deal, paving way for possible energy exploration
Lebanon and Israel delineated their maritime borders in 2022 under a U.S.-brokered deal, and Syria is the final country with which Lebanon has yet to delineate its sea border. Lebanon hopes offshore gas and oil discoveries could help reverse a 2019 financial collapse
Lebanon and Cyprus finalize sea border agreement after an almost 20-year impasse
BEIRUT (AP) — Lebanon and Cyprus signed a long-delayed sea border agreement on Wednesday, ending an almost 20-year impasse that had stalled some oil and gas exploration in the Mediterranean Sea, as Europe seeks alternatives to Russian fuel.
Lebanon, Cyprus sign maritime demarcation deal, paving way for possible energy exploration
BEIRUT/NICOSIA - Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean. Read more at straitstimes.com.
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