,
Sunday, 16 May 2021 12:34 GMT

Lebanon, Israel resume talks on disputed maritime border


(MENAFN - Trend News Agency) Lebanon and Israel resumed U.S.-mediated talks on Tuesday over a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, an official Lebanese source said, Trend reports with reference to Reuters .

The longtime foes held several rounds of talks in October - a culmination of three years of diplomacy by the United States - hosted by the United Nations at a peacekeeper base in southern Lebanon.

But negotiations stalled after each presented contrasting maps outlining proposed borders that actually increased the size of the disputed area.

On Tuesday, the talks resumed at the same base in Lebanon's Naqoura.

Since the talks stalled, Lebanon's caretaker prime minister and ministers of defence and public works approved a draft decree which would expand Lebanon's claim, adding around 1,400 square km (540 square miles) to its exclusive economic zone.

The draft decree has yet to be approved.

Israel already pumps gas from huge offshore fields.

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.

MENAFN04052021000187011040ID1102023912


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Authors_Square_PromoteArticle_Ink2019
Sustainability Drive 2021