Netanyahu Threatens Scrapping Lebanon Gas Deal If He Wins in Upcoming Election

A UNIFIL vehicle in Naqoura on the Lebanese border with Israel on Monday (AFP)
A UNIFIL vehicle in Naqoura on the Lebanese border with Israel on Monday (AFP)
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Netanyahu Threatens Scrapping Lebanon Gas Deal If He Wins in Upcoming Election

A UNIFIL vehicle in Naqoura on the Lebanese border with Israel on Monday (AFP)
A UNIFIL vehicle in Naqoura on the Lebanese border with Israel on Monday (AFP)

With Israel and Lebanon close to reaching agreement on a maritime border demarcation, Israeli opposition leader Benjamin Netanyahu is threatening to roll back from the deal if he wins in upcoming parliamentary elections.

Netanyahu’s position was met with pushback from Israeli officials who are now fighting internal conflict regarding the validity of signing an agreement with Lebanon ahead of the November 1st vote.

Israeli Public Security Minister Omer Barlev accused Netanyahu of “doing exactly the same thing [Hassan] Nasrallah,” referring to the head of the Lebanese terror group.

Netanyahu had argued that the deal with Lebanon would bring about “strategic damage” to Israel’s security.

Barlev, commenting on Netanyahu’s statements, said that the Israeli opposition leader wasn’t aware of developments and that he was stuck on the years he was prime minister.

Barlev recalled that the file of maritime border demarcation with Lebanon was at an impasse when Netanyahu was in office.

Prime Minister Yair Lapid had affirmed that the US-brokered agreement grants Israel “100% of its security needs, 100% of the Karish reserve, and even some of the profits from the Lebanon reserve.”

“I understand that it pains you (Netanyahu) that you didn’t succeed in achieving an agreement (when you were prime minister), but that is no reason to join (Hassan) Nasrallah’s propaganda campaign,” Lapid tweeted, referring to the Hezbollah leader.

Netanyahu had previously said that Lapid surrendered shamefully to Nasrallah’s threats. He also questioned the validity of an agreement without first holding a referendum and accused Lapid of bargaining away Israel’s “sovereign territory.”

Moreover, the opposition leader also vowed to recruit a majority at the Knesset to topple the agreement.

Under the agreement, Israel reserves for itself the entire area in which the Karish field is located. Israel will also receive a small share of about 12% of the profits of the Qana field, which is located on Lebanon’s side.



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)
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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.