Hassan Nasrallah, the head of the Hezbollah movement in Lebanon, declared that his group is dedicated to upholding the terms of the most recent agreement it reached with Israel.
Considering that the party was responsible for the successful conclusion of the maritime agreement with Israel, he said, there is no justification for using the language of treason.
In a fresh speech on Saturday, he added, “We are the ones who have settled it.
” These developments came days after the party announced the end of its alert, after the meeting of all the Lebanese and Israeli delegation in one room in Ras al -Naqoura in southern Lebanon, where they signed a historic agreement to demarcate the maritime borders between the two countries by American mediation.
After receiving indirect consent from Hezbollah, the deal was announced and signed last Thursday “a significant triumph for the nation.
The negotiations, which began in 2020 but stuttered numerous times before picking up steam in early June when a production ship arrived and was stored nearby the Carrich field, which Lebanon deemed it, it is significant that coming to an agreement and signing the deal was not an easy thing. It is situated in a contentious region.
However, according to the new agreement, the Karich field is now entirely on the Israeli side, while Lebanon is now located inside the Qana field, which extends beyond the line separating the two countries.
Patch No. 9, where the French Total and Italian Eni businesses, which have been awarded contracts for oil and gas development, are focusing their exploration efforts on the Qana field.
Weeks ago, Energian declared that it would begin producing gas from Karish, indicating its desire to do so in the near future.
if the amount eventually increases to eight billion cubic metres per year, 5 billion cubic metres of natural gas annually.
According to the Lebanese authorities, it was decided to begin the excavation phases as soon as the final deal was reached with the French business Total.
Despite the agreement, many analysts think Lebanon will still need five to six years to begin tapping its oil and gas reserves.
While more than 80% of Lebanese have fallen below the poverty line and the Lebanese lira has lost more than 90% of its value against the dollar, the Lebanese government is relying on the existence of natural fortunes to help overcome the catastrophic effects of the economic collapse that the nation has been experiencing for three years. The World Bank has ranked it as one of the worst in the world since 1850.
On the accord with Israel, Nasrallah stated, “We are the ones who fixed it!”
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