Lebanon to Receive Venezuela FM With Assurances of Neutrality

Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela, August 19, 2017. REUTERS/Marco Bello
Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela, August 19, 2017. REUTERS/Marco Bello
TT

Lebanon to Receive Venezuela FM With Assurances of Neutrality

Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela, August 19, 2017. REUTERS/Marco Bello
Venezuela's Foreign Affairs Minister Jorge Arreaza talks to the media during a news conference in Caracas, Venezuela, August 19, 2017. REUTERS/Marco Bello

Venezuelan Foreign Minister Jorge Arreaza will visit Beirut on Tuesday, where he will hold official meetings and talks with political forces including Hezbollah.

Sources told Asharq Al-Awsat that the presidential palace has not yet set a date for the Venezuelan minister’s meeting with President Michel Aoun due to the latter’s commitments abroad last week, starting with his visit to Moscow and his participation in the Arab Summit in Tunis. Parliament Speaker Nabih Berri, for his part, apologized for not being able to welcome the minister due to a prescheduled foreign visit.

As for a meeting with Prime Minister Saad Hariri, no date has been set so far as the latter had just returned from Paris where he underwent medical treatment.

The Foreign Ministry is yet to schedule an encounter between Arreaza and Minister Gebran Bassil, who was also on a foreign tour last week and has moved from Moscow to three Eastern European countries.

Sources close to the matter told Asharq Al-Awsat that the Venezuelan minister is expected to brief the Lebanese officials on the troubled situation in his country “because of external interference” and the resulting divisions over the term of President Nicolas Maduro, who is strongly opposed by the United States.

They added that the two-day visit might include meetings with partisan groups that support Venezuela, including Hezbollah, according to the sources.

They explained that Arreaza “will be informed of Lebanon’s official position that is neutrality and self-distancing; because it does not interfere in the internal affairs of any state, nor in the American-Venezuelan conflict; and therefore cannot be classified in favor of neither Maduro nor his rival.”



Sisi: Electricity Interconnection Projects with Saudi Arabia a Model for Regional Cooperation

Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
TT

Sisi: Electricity Interconnection Projects with Saudi Arabia a Model for Regional Cooperation

Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)

Egyptian President Abdel Fattah al-Sisi affirmed that the electrical interconnection project with Saudi Arabia represents a model of regional energy cooperation and a benchmark for future similar ventures in electrical connectivity, directing close monitoring of all project details.
Sisi made these remarks during a meeting with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy.
According to a statement by the Egyptian presidency on Sunday, the discussion reviewed the status of electrical interconnection projects between Egypt and Saudi Arabia, emphasizing their importance in enhancing grid efficiency and stability while optimizing the use of generation capacity during peak demand periods.
Cairo and Riyadh signed an agreement in 2012 to establish the electrical interconnection project at a cost of $1.8 billion, with Egypt contributing $600 million (1 USD = 49.65 EGP in local banks). In a government meeting in mid-October, Madbouly announced that the interconnection line is expected to become operational in May or June of next year, with an initial capacity of 1,500 megawatts.
This initiative is the first of its kind to enable high-voltage direct current (HVDC) power exchange in the Middle East and North Africa region. It connects Badr City in Egypt to Medina via Tabuk in Saudi Arabia. Late last month, Madbouly highlighted that the project, set to produce 3,000 megawatts in two phases, is a landmark achievement for Egypt’s energy sector.
Presidential spokesperson Mohamed al-Shenawy stated that the meeting also highlighted the progress on the Dabaa Nuclear Power Plant. The project is seen as vital to Egypt’s comprehensive development strategy, which aims to diversify energy sources through renewable and alternative means, improving service delivery to citizens.
Located in northern Egypt, the Dabaa plant will consist of four nuclear reactors with a combined capacity of 4,800 megawatts (1,200 megawatts per reactor). The first reactor is expected to be operational by 2028, with the others coming online sequentially. The Egyptian government has pledged to fulfill its commitments to ensure the project meets its scheduled timeline.
The president also directed the government to intensify efforts to attract investments in the energy sector, develop the management of the national gas grid, and ensure stable energy supplies for both electricity and industrial sectors. Furthermore, he urged rapid progress on renewable energy projects to diversify energy sources, expand grid capacity, and modernize the network using advanced technologies to enhance efficiency and reduce losses.