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Lebanon signs deal with Egypt, Syria boosting gas supply

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Lebanon, Syria and Egypt on Tuesday agreed to ship 650 million cubic metres of natural gas per year from Egypt to Lebanon via Syria, part of a US-backed effort to address Lebanon’s crippling blackouts with electricity and gas transfers. The deal, signed at a ceremony at the Lebanese energy ministry in Beirut, would see gas piped to Lebanon’s northern Deir Ammar power plant, where it could add some 450 megawatts, or around four extra hours of power per day to the grid. It still requires the approval of the World Bank, which has pledged financing, and the United States for compliance with its Sy…

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