VOL. XLIV
No 51
17-December-2001
SYRIA/LEBANON
Syria Agrees To Supply LebanonWith Natural Gas
Syria has agreed to supply Lebanonwith natural gas beginning next year, under an agreement signed in Beirut on 9December. MEES understands that the agreement provides for a priceformula which, along with various options, would price Syrian gas cif toLebanon in the range of $2.50-3.00/mn BTU, based on an $18 Dated Brent price (MEES,3 September). Lebanese Energy Minister Muhammad Baydun announced after the...
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