Lebanon signs agreement to import 1 mln tons of Iraqi diesel

BEIRUT, July 24– Caretaker Lebanese Energy Minister Raymond Ghajar announced that Lebanon has signed an agreement on Saturday to import 1 million tons of Iraqi diesel, MTV local TV channel reported. Ghajar said this agreement will provide Lebanon with electricity for a period of four months while the first Iraqi shipment of diesel will arrive in Lebanon in…

BEIRUT, July 24 (Xinhua) — Caretaker Lebanese Energy Minister Raymond Ghajar announced that Lebanon has signed an agreement on Saturday to import 1 million tons of Iraqi diesel, MTV local TV channel reported.

The minister made the remarks at a press conference at capital Beirut’s airport upon his arrival from Iraq where he signed the agreement with senior Iraqi officials.

Ghajar said this agreement will provide Lebanon with electricity for a period of four months while the first Iraqi shipment of diesel will arrive in Lebanon in less than 10 days.

The minister assured that Lebanon will provide Iraq with medical and agricultural services in return for the diesel.

Lebanon has been facing a shortage in U.S. dollar preventing the country from importing its basic needs including fuel, medicines and wheat. Enditem