Israel's prime minister said that the country has reached a 'historic agreement' with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations.
According to a senior Israeli official, Lebanon would be allowed to produce gas from that field, but pay royalties to Israel for any gas produced from the Israeli side. Lebanon has been working with the French energy giant Total on preparations for exploring the field.
“It might help create and strengthen the mutual deterrence between Israel and Hezbollah,” said Yoel Guzansky, a senior fellow at Israel’s Institute for National Security Studies. “This is a very positive thing for Israel.” The Kohelet Policy Forum, an influential conservative think tank, already has filed a challenge to the Supreme Court trying to block the deal.
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Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration | CNNIsrael and Lebanon have reached a historic agreement, leaders on each side said separately on Tuesday, settling a years-long maritime border dispute involving major oil and gas fields in the Mediterranean.
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Israel says ‘historic’ sea border deal struck with LebanonIsrael’s prime minister says that the country has reached an “historic agreement” with neighboring Lebanon — a rare deal between two countries that are bitter enemies — over their shared maritime border.
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Israel says 'historic' sea border deal struck with LebanonIsrael’s prime minister says the country has reached an “historic agreement” with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations.
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Israel says 'historic' sea border deal struck with LebanonIsrael’s prime minister says the country has reached an “historic agreement” with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations.
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