US allows Lebanon to import natural gas and electricity through Syria
January 14, 2022, 8:25 am

US allows Lebanon to import natural gas and electricity through Syria

Lebanon-Armenian street/Pixabay

The Xinhua reported that Lebanese Foreign Minister Abdallah Bou Habib said on Thursday, the U.S. will allow Lebanon to import natural gas and electricity from Egypt and Jordan through Syria, without being subject to restrictions imposed by the U.S. Caesar Act which prohibits cooperation with Syria.

The U.S. authorities have informed Egyptian officials about Lebanon's capability of importing energy through Syria, Bou Habib said during his meeting at Baabda Palace with President Michel Aoun to inform him about his recent visit to the United States.

The energy and oil ministers of Jordan, Egypt, Syria, and Lebanon had agreed last September to supply Lebanon with electricity from Jordan and natural gas from Egypt through the Arab Gas Pipeline to solve the electricity crisis in Lebanon.

Bou Habib also noted that U.S. officials expressed keenness to resume the process of demarcating the southern maritime border between Lebanon and Israel, and the U.S. mediator Amos Hochstein will come to Lebanon within the next few days to resume his efforts with the aim of moving forward in this regard.

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Lebanon has been going through an unprecedented financial crisis due to the failing policies adopted by successive governments which resulted in a public debt hovering over 96 billion U.S. dollars.

Source: xinhua

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.