Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News
All NewsCompaniesIndexesCurrency / ForexCommoditiesCryptocurrenciesETFInterest RatesEconomyThemesSectors 

Lebanon receives U.S. mediator proposals for maritime border with Israel -presidency

10/01/2022 | 11:14am EST
Lebanon's President Michel Aoun meets with U.S. Senior Advisor for Energy Security Amos Hochstein at the presidential palace in Baabda

BEIRUT/CAIRO (Reuters) -Lebanese President Michel Aoun has received a letter from U.S. mediator Amos Hochstein regarding proposals for the demarcation of a maritime border with Israel, the presidency said on Saturday on Twitter.

Lebanon and Israel have been locked in U.S.-mediated negotiations to delineate a shared maritime border that would help determine which oil and gas resources belong to which country and pave the way for more exploration.

Hochstein has been shuttling between Lebanon and Israel - enemy states with a history of conflict - in a bid to forge a compromise.

The head of Lebanon's Iran-backed Hezbollah, which has warned against any Israeli exploration and extraction in the disputed waters, said the receipt of the letter was "a very important step".

Sayyed Hassan Nasrallah said in a televised speech that the coming days would be crucial.

Lebanese officials have demanded a written version of the proposal before providing a final answer, a political source with knowledge of the talks said.

A deal could defuse a potential source of conflict between Israel and the heavily armed Hezbollah.

(Reporting by Enas Alashray and Laila Bassam and Moataz Mohamed;Editing by Gareth Jones and Nick Macfie)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AMOS GROUP LIMITED -4.32% 0.133 Delayed Quote.-16.88%
BRENT OIL -1.49% 85.9 Delayed Quote.11.95%
WTI -1.34% 80.208 Delayed Quote.6.45%
Latest news "Economy"
01:10pUkraine presidential aide warns against Musk's 'magical simple solutions'
RE
12:21pLarge demos in Malta as parliament debates 'abortion law'
RE
12:09pMoldova central bank to hold extraordinary meeting on Monday
RE
11:53aECB's Villeroy says in favour of 50 bp rate hike on Dec. 15
RE
11:35aIsraeli president touts business ties on first Bahrain visit
RE
11:35aECB's Villeroy says in favour of 50 bp rate hike on Dec. 15
RE
11:31aSaudi Exchange launches market-making framework to boost liquidity
RE
11:31aSouth Africa's Ramaphosa says ANC executive to decide his fate
RE
11:13aSudanese anti-corruption figure freed on eve of political deal
RE
10:57aEU to adapt state aid schemes in response to U.S. subsidy package
RE
Latest news "Economy"