Lebanon Set to Restore Disputed EEZ with Israel

إقرأ هذا الخبر بالعربية W460

Prime Minister Najib Miqati, who is scheduled to represent Lebanon at the United Nations General Assembly meetings in September, will reportedly discuss Lebanon’s Exclusive Economic Zone with international officials.

According to An Nahar newspaper published on Friday, Miqati will head to New York in the second half of September and is expected to tackle with U.N. leaders the dispute between Lebanon and Israel over a zone that consists of about 854 square kilometers and suspected energy reserves there that could generate billions of dollars.

One of the experts, who is informed about the matter, told As Safir newspaper that Lebanon has a “historical chance” to narrow the distance of the disputed Zone.

The expert confirmed media reports that said Lebanon was able to restore around 500 square kilometers of the maritime zone that it considers it to be within its EEZ, which was acknowledged during the tripartite meetings in al-Naqoura between Lebanese and Israeli officials under the auspices of the United Nations Interim Force in Lebanon.

According to the expert, Lebanon can prove its right to control the 500 square kilometers if the cabinet approves a report submitted by the Foreign Ministry over the matter.

However, AMAL movement and the Free Patriotic Movement are quarreling over the matter.

The FPM argues that there is no need to re-discuss Lebanon’s EEZ when the cabinet had previously resolved the matter but AMAL insists on the government to defend every inch of Lebanon’s rights in its EEZ.

The cabinet approved in September the proposed borders of Lebanon’s EEZ in the Mediterranean.

Progressive Socialist Party leader MP Walid Jumblat expressed remorse over the handling of the natural resources off Lebanon’s shore.

“Every day that passes by and Lebanon doesn’t kick off the process to dig for its offshore wealth will affect the next generations, which will have a negative impact on the country’s economy,” Jumblat told An Nahar newspaper.

Concerning the appointment of the oil regulatory authority members, that AMAL and Hizbullah are allegedly having sharp differences on, Hizbullah’s Minister of Administrative Development Mohammed Fneish denied in comments published in As Safir that the two parties are bickering over the name of the Shiite candidate.

He called on the cabinet to swiftly appoint the members.

According to the daily the names of the candidates to the oil regulatory authority are: Baheej Abu Hamza, who is Druze, Nasser Hteit, a Shiite, Wissam Shbat, a Maronite, Wissam al-Zahabi, a Sunni, in addition to an Orthodox and a Catholic.

Comments 9
Thumb phoenician 31 August 2012, 08:52

Gas and oil revenue in the hands of hizb............ How encouraging :-(

Missing byblos001 31 August 2012, 09:42

Great, the regulatory authority formation main criteria is confessional instead of having a team of technichally knowledgeable persons. Nobody made it before us even in most under-developed areas of the world. Is there any objective reason other than to steal the country equally?

Missing samiam 31 August 2012, 10:17

It would be nice of they actually picked people who knew something, not getting to the post by knowing someone. Of course, this is Lebanon.... :/

Default-user-icon bennie (Guest) 31 August 2012, 10:40

This is just the beginning. Next ... try finding a developer who is willing to risk capital given the insecurity of Lebanese politics. A developer may be found but they they will demand excessive returns (justified by the risk) leaving less for the people. Finally, should gas/oil be extracted, can you imagine the chaos (strikes, seizures, theft) that will take place at the processing point .... Southern Lebaon? ... I don't think so. Northern Lebanon? ... I don't think so. Christain or Druze areas? .... I don't think so.

Missing samiam 31 August 2012, 14:26

Hey, oil companies deal with tyrants all over the world. A bunch of wantabee tyrants is a walk in the park for them. Look at what is going on in Nigeria, Venezuela, Libya, and other hot spots--the one common theme is that the oil companies find a way.

Missing phillipo 31 August 2012, 18:32

Wouldn't it be a lot easier all round if Lebanon could actually co-operate with Israel on the demarcation of the EEZ, instead of having to go all the way round through international organisations.
Could you just imagine the benefit to Lebanon if the development of the gas fields was carried out together. The work in the Israeli fields is years ahead and gas is due to start flowing next year, just think how Lebanon could have benefitted from this.

Thumb lebanon_first 31 August 2012, 19:34

I thought we agreed on 500km and we still have 334 km to discuss. are we back to step 1? Come on naharnet, some professionalism. Your report is not clear.

Default-user-icon imemiahara (Guest) 05 September 2012, 09:23

I think you should outsource these problems to Cyprus. They can be the mediator between Lebanon and Israel. In addition you should have a look at the proposed "oil earnings fund" proposal from Cyprus.

Default-user-icon lebanese water (Guest) 16 September 2012, 23:32

please, could you tell the prime minister that the 860km^2 is ours and not a disputed area. The disputed area is 2500 km^2 and not 860km^2