Tuesday's announcement of a maritime deal between Lebanon and Israel concludes nearly a decade of US-led efforts, cements a historic pact between two countries technically still at war and could eventually offer a much-needed boost to global energy supplies.
The deal, announced by Lebanese and Israeli leaders, resolves the long-running maritime dispute and control over what are thought to be highly productive oil and gasfields that straddle both sides of the border.
The agreement will delineate the maritime border between Lebanon and its southern neighbour for the first time since Israel was established in 1948. The two nations are bitter foes and have fought several conflicts, including via the militant group Hezbollah.
Former US presidents Barack Obama and Donald Trump had attempted to resolve the dispute but negotiations collapsed in 2020.
This time, talks came to fruition after 15 months of shuttle diplomacy led by US envoy Amos Hochstein.
On Tuesday, US President Joe Biden called his Lebanese counterpart Michel Aoun and Israeli Prime Minister Yair Lapid, whose roles have been central in brokering the agreement.
Mr Aoun’s presidential term is set to end on October 31, and the agreement stands out as his biggest accomplishment while in office.
Lebanon submitted a handful of modifications to a US proposal that were then negotiated with Israel through Mr Hochstein and will be guaranteed by the UN once internal consultations in Beirut are finished.
Speaking on a call with reporters on Tuesday, a senior US official called the deal “a truly historic breakthrough” and stressed that Israel would have security protection guarantees on its shoreline.
“Israel has all the security mechanisms and infrastructure that they need in order to make sure that their shoreline and their country is protected,” the senior US official said.
The official said he was optimistic the deal would now go into implementation.
“The governments on both sides are aware of the political reality that they live in, and I have every expectation that this agreement is going to be signed and put into force.”
He said both Lebanese and Israeli leaders had confirmed to Mr Biden their readiness to move forward after this breakthrough, and to begin discussing implementation.
UAE welcomes deal
The UAE welcomed the agreement and expressed appreciation for US efforts to mediate the deal. It also said it hoped that this step would contribute to strengthening regional stability.
The Ministry of Foreign Affairs and International Co-operation praised efforts to reach the agreement, stressing that they represented a constructive and practical step to advance prosperity and development, as well as achieve the economic interests of both countries.
The ministry stressed the importance of the two countries' co-operation to enhance economic interests and bolster regional peace and security.
Randa Slim, senior fellow and director of the Conflict Resolution and Track II Dialogues Programme at the Middle East Institute, pointed to the historic significance of the agreement.
“This is the first such agreement between Lebanon and Israel since the aborted May 17 agreement in 1983,” Ms Slim told The National.
The May 17 agreement was signed at the height of the Lebanese Civil War to end cross-border attacks on Israel but was revoked one year later by the Lebanese parliament.
But this one is different, said Ms Slim, in terms of its broad acceptance in Lebanon and the economic dimension of the deal.
“While many were alarmed by Hezbollah’s rhetoric and threat to use force against a disputed gas drilling platform in the Mediterranean Sea, the group is unlikely to waste its precision-guided missiles in a fight over hydrocarbon deposits,” Ms Slim said.
Hezbollah does not intend to block deal
Hezbollah communicated its position to its ally Mr Aoun, explaining that while it did not support the agreement, it had no intention to block it, several Lebanese officials told The National.
“Hezbollah did not want to be seen as the main obstacle to Lebanon benefitting economically from its offshore gas and oil deposits at a time when the party has not been able to offer a solution to the country’s economic woes,” Ms Slim said.
But she said the deal could prove to be controversial for the party, as it undermines Hezbollah’s resistance narrative of using force to settle disputes with Israel, and “reaffirms the role of state institutions in litigating issues of war and peace”.
The deal also highlights the “indispensable role of the United States as the mediator of choice between Israel and its Arab neighbours, in this case Lebanon,” Ms Slim argued.
On the hydrocarbon side, Lebanon watcher and energy expert Suhail Shatila saw overlapping benefits for Lebanon, Israel and the international community.
“For Lebanon, it is a significant push to bring back the momentum of the upstream oil and gas sector,” Mr Shatila told The National.
The deal is also “a positive signal to the international oil companies, national oil companies, to take part in the upcoming second licensing round set for December, for the remaining prospective blocks in the Lebanese offshore”, the expert said.
But Mr Shatila cautioned that expectations need to be checked as the probability of finding a discovery early on is low due to the high-risk nature of the offshore upstream oil and gas industry.
“If exploratory drilling commences soon [in Lebanon], the first molecule of gas is not expected before six to seven years following exploration, appraisal, development and production,” he said.
Globally, however, and as the international gas markets tighten, opening more exploration in the East Mediterranean is welcome news for Europeans as they try to offset the impact of the Ukraine war and wean themselves off Russian gas.
Grand slam winners since July 2003
Who has won major titles since Wimbledon 2003 when Roger Federer won his first grand slam
Roger Federer 19 (8 Wimbledon, 5 Australian Open, 5 US Open, 1 French Open)
Rafael Nadal 16 (10 French Open, 3 US Open, 2 Wimbledon, 1 Australian Open)
Novak Djokovic 12 (6 Australian Open, 3 Wimbledon, 2 US Open, 1 French Open)
Andy Murray 3 (2 Wimbledon, 1 US Open)
Stan Wawrinka 3 (1 Australian Open, 1 French Open, 1 US Open)
Andy Roddick 1 (1 US Open)
Gaston Gaudio 1 (1 French Open)
Marat Safin 1 (1 Australian Open)
Juan Martin del Potro 1 (1 US Open)
Marin Cilic 1 (1 US Open)
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
West Asia Premiership
Dubai Hurricanes 58-10 Dubai Knights Eagles
Dubai Tigers 5-39 Bahrain
Jebel Ali Dragons 16-56 Abu Dhabi Harlequins
if you go
The flights
Flydubai offers three daily direct flights to Sarajevo and, from June, a daily flight from Thessaloniki from Dubai. A return flight costs from Dhs1,905 including taxes.
The trip
The Travel Scientists are the organisers of the Balkan Ride and several other rallies around the world. The 2018 running of this particular adventure will take place from August 3-11, once again starting in Sarajevo and ending a week later in Thessaloniki. If you’re driving your own vehicle, then entry start from €880 (Dhs 3,900) per person including all accommodation along the route. Contact the Travel Scientists if you wish to hire one of their vehicles.
Company%20profile
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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The specs
Engine: Two permanent-magnet synchronous AC motors
Transmission: two-speed
Power: 671hp
Torque: 849Nm
Range: 456km
Price: from Dh437,900
On sale: now
More on animal trafficking
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
North Pole stats
Distance covered: 160km
Temperature: -40°C
Weight of equipment: 45kg
Altitude (metres above sea level): 0
Terrain: Ice rock
South Pole stats
Distance covered: 130km
Temperature: -50°C
Weight of equipment: 50kg
Altitude (metres above sea level): 3,300
Terrain: Flat ice
Mohammed bin Zayed Majlis
The specs
Engine: 5.2-litre twin-turbo V12
Transmission: eight-speed automatic
Power: 715bhp
Torque: 900Nm
Price: Dh1,289,376
On sale: now
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UAE currency: the story behind the money in your pockets
Company%20profile
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The five pillars of Islam
THE SPECS
Engine: 1.6-litre turbo
Transmission: six-speed automatic
Power: 165hp
Torque: 240Nm
Price: From Dh89,000 (Enjoy), Dh99,900 (Innovation)
On sale: Now
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel
SPECS
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
COMPANY%20PROFILE
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COMPANY%20PROFILE%20
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If you go:
Getting there:
Flying to Guyana requires first reaching New York with either Emirates or Etihad, then connecting with JetBlue or Caribbean Air at JFK airport. Prices start from around Dh7,000.
Getting around:
Wildlife Worldwide offers a range of Guyana itineraries, such as its small group tour, the 15-day ‘Ultimate Guyana Nature Experience’ which features Georgetown, the Iwokrama Rainforest (one of the world’s four remaining pristine tropical rainforests left in the world), the Amerindian village of Surama and the Rupununi Savannah, known for its giant anteaters and river otters; wildlifeworldwide.com
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Killing of Qassem Suleimani
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
Company%20profile
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The years Ramadan fell in May
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now