Analysis: Energy consultant says gas or oil production could start within three years if commercially viable reservoirs are found, but reforms needed to attract energy firms and benefit from potential discoveries
Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants in exchange for in-kind services, Lebanon's Prime Minister said in a statement Thursday.
BEIRUT: Iraq’s government has agreed to continue supplying Lebanon’s electricity company with heavy fuel oil for another year in exchange for in-kind services, Lebanon’s caretaker prime minister said on Thursday, alleviating pressure on Lebanon’s struggling power grid. Najib Mikati said he had made the request to Iraq’s Prime Minister Mustafa Al-Kadhimi, who agreed to extend
Iraq has agreed to renew a one-year deal to provide Lebanon with fuel for its power plants as Beirut battles what the World Bank has said is the world s worst economic crisis since the 1850s. In ret.