[size=36]The Lebanese Energy Minister visits Baghdad to extend the Iraqi fuel contract[/size]
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The Lebanese Ministry of Information announced that Lebanon will discuss extending the contract to supply Lebanese electricity stations with Iraqi fuel.
And the ministry stated in a statement that Mawazine News received a copy of it, that "the Minister of Energy and Water in the caretaker government, Walid Fayyad, will go to Baghdad at the invitation of the Iraqi Oil Minister, Ihsan Abdul-Jabbar Ismail, to hold discussions on issues of common interest."
The discussions will address the extension and development of the signed contract, and the strengthening of the partnership between Lebanon and Iraq in order to continue supplying the electricity production stations of Lebanon with fuel.
Walid Fayyad is currently visiting Cairo to participate in the expanded meeting for the water and sanitation sector at the invitation of his Palestinian counterpart, Minister of Water and Head of Arab Water Experts Network, Eng. Mazen Ghoneim.
And last year, Iraq signed an agreement with Lebanon to sell one million tons of heavy fuel oil at the international price, provided that the payment will be in services and goods.
Lebanon has almost lost its foreign currency reserves, and the shortage of basic commodities such as fuel and medicine has worsened.