Israel and Lebanon reach a historic agreement, settling a years-long maritime border dispute and potentially paving the way for gas exploration
“The final version of the offer is satisfactory to Lebanon and meets its demands and preserved Lebanon’s rights of this natural wealth,” Lebanon’s President Michel Aoun said in a statement hours after receiving Israel’s final offer through US mediator Amos Hochstein. Aoun said he hopes the agreement will be announced “as soon as possible.
” The draft agreement meets all the security and economic principles laid out by Israel, Lapid said. The Israeli prime minister will convene the security cabinet on Wednesday followed by a special meeting of the government, he said. The disputed area includes the Karish oil and gas field and a region known as the Qanaa prospect, which are expected to fall into Israeli and Lebanese waters respectively under the deal.
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