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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Regional Power Plan for Lebanon Held up Over Syria Sanctions

This file photo taken on April 3, 2021 shows an aerial view of Lebanon's capital Beirut in darkness during power outage. (Photo by Dylan COLLINS / AFP)

Egypt is still seeking assurances that US sanctions will be waived to start exporting gas to Lebanon through Syria under a plan first announced in 2021 to help ease Lebanon's power crisis, a senior French official said on Tuesday.

The plan also has yet to go to the World Bank board, which will assess reforms of Lebanon's electricity sector that are preconditions for it to release a $300 million loan to finance the gas exports over 18 months, said Pierre Duquesne, France's envoy on international support to Lebanon.

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