Middle East Economic Survey

VOL. XLVIII

No 36

5-September-2005

LEBANON

Kuwait And Lebanon Sign Gas Oil Supply Deal

Kuwait has agreed to supply Lebanon with 500,000 tons/year of gas oil for a period of three years for use in electricity generation, under a government-to-government deal signed in Kuwait on 29 August during an official visit to Kuwait of Lebanese Prime Minister Fuad Siniora. The Kuwaiti Minister of Energy Shaikh Ahmad al-Fahd al-Sabah said the agreement was worth between $700mn and...