Middle East Economic Survey


No 47



Lebanon And Algeria Sign Products Supply Agreement

The Lebanese Minister of Energy and Water, Muhammad Funaish, and the Head of the Algerian state oil company Sonatrach, Shawqi Rahal, on 9 November signed an agreement under which Lebanon will import from Algeria over a three-year period a total of 1mn tons of gas oil and 1.1mn tons of fuel oil for use by Lebanons state owned Electricité du Liban (EDL). The deal, which is...