Fayad Announces Iraq Has Approved Extension of Fuel Oil Supply Agreement with Lebanon Until January 2025.

Beirut: Caretaker Energy and Water Minister, Walid Fayad, on Thursday announced that he has been informed of the Iraqi government's approval to extend the fuel oil supply agreement with Lebanon through the end of January 2025. In a statement, Fayad thanked the Iraqi people and leadership for their permanent support for Lebanon. According to National News Agency - Lebanon, this extension of the agreement underscores the ongoing cooperation between Iraq and Lebanon, aimed at addressing Lebanon's energy needs. The arrangement initially set to expire earlier has now been prolonged, providing Lebanon with a stable source of fuel oil for the coming years. Lebanon has been grappling with energy shortages, making this agreement crucial for its energy sector. The extension of this agreement is seen as a significant step in Lebanon's efforts to secure energy resources and manage its energy crisis. Iraq's decision to continue its support by supplying fuel oil will likely play a vital role in stabilizing Lebanon's ener gy situation. The continuous supply of fuel oil is expected to aid in mitigating some of the challenges faced by Lebanon in its energy sector.