Lebanon sets starting point for sea border negotiations with Israel - News Summed Up

Lebanon sets starting point for sea border negotiations with Israel


Israel and Lebanon launched the negotiations last month with delegations from the long-time foes convening at a UN base to try to agree on the unresolved border that has held up hydrocarbon exploration in the potentially gas-rich area. Last month sources said the two sides presented contrasting maps for proposed borders. They said the Lebanese proposal extended farther south than the border Lebanon had years before presented to the United Nations and that of the Israeli team pushing the boundary farther north than Israel's original position. The talks, the culmination of three years of diplomacy by Washington, are due to resume in December. Israel already pumps gas from huge offshore fields but Lebanon, which has yet to find commercial gas reserves in its own waters, is desperate for cash from foreign donors as it faces the worst economic crisis since its 1975-1990 civil war.


Source: bd News24 November 19, 2020 15:56 UTC



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