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Geopolitics

The Pipeline Politics of Rescuing Lebanon

Copyright © 2021 Energy Intelligence Group
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  • The region’s political rivalries are being played out in efforts to alleviate Lebanon’s oil and power crises.
  • Iran proxy Hezbollah is importing cut-price Iranian products as an emergency measure, as parallel government efforts are under way to import Egyptian gas via Jordan and Syria.
  • Both projects call into question the sustainability of US sanctions policies against Tehran and Damascus.

On the face of it, this gas deal is pretty straightforward, involving minor rehabilitation of an existing pipeline and just 300 million-600 million cubic meters of gas per year. But the modest volumes belie some major potential political impacts.

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