Nasrallah on the agreement with Israel: it is we who have established it!

Hezbollah’s Lebanese militia leader Hassan Nasrallah announced his forces are engaged in as agreed by the Lebanese state, in on the recent agreement signed with Israel.

He added that there is no need to use the language of treason, considering that the party was behind the completion of the maritime agreement with Israel.

“We are the ones who made it”

Saturday also said in a new discourse: “We are the ones who solved it”.

These developments came just days after the party announced the end of its vigilance, after all Lebanese and Israeli delegations met. in a room in Ras al-Naqoura, in southern Lebanon, where they signed a historic agreement to delimit the maritime borders between the two countries with American mediation.

The announcement was made after the indirect approval of Hezbollah, which last Thursday considered the signing of the agreement “a great victory for the country”.

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years of negotiations

It is interesting to note that reaching consensus and signing the agreement was not easy, in as the negotiations started in 2020 have stumbled several times, before accelerating since the beginning of last June, following the arrival of a production and storage ship near the Karish field, which Lebanon considered is located in a disputed area.

However, with the new agreement, the Karish camp has become completely on the Israeli side, while the Qana camp, which goes beyond the dividing line between the two sides, has been granted to Lebanon.

Block 9, where the Qana field is located, will be an important one area exploration of the French Total and the Italian Eni, which have been awarded contracts for the exploration of oil and gas.

Energean announced a few weeks ago the start of gas production from Karish, hoping that in the short term it will be in capable of producing 6.5 billion cubic meters of natural gas per year, and then rising to eight billion cubic meters per year.

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As for the Lebanese authorities, it was communicated that it had been agreed with the French company Total to start exploration phases immediately after the final agreement.

Despite the deal, many experts believe that Lebanon is still a long way from extracting oil and gas resources and that it could take five to six years.

While the Lebanese authorities are counting on the presence of natural resources that would help overcome the catastrophic repercussions of the economic collapse that the country has been witnessing for three years, and the World Bank ranks it among the worst in the world since 1850, especially because over 80% of the Lebanese is below the poverty line, while the Lebanese pound has lost more than 90% against the dollar.

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