French President Emmanuel Macron stated that the “historic agreement” between Lebanon and Israel that unlocks offshore gas production was an “important step towards more peace” between the two sides.
President Macron congratulated Lebanese and Israeli leaders for their “efforts and their determination.”
“This is undeniably an important step towards more peace for Israel, Lebanon, and all the countries and peoples of the region. It will also contribute to the prosperity of both countries,” he added.
President Michel Aoun had announced in a televised address, Lebanon’s position by agreeing to adopt the final formula prepared by the American mediator to demarcate the southern maritime border, Amos Hochstein.
The written agreement establishes a permanent and equitable resolution of the maritime dispute. It will go into force as soon as the U.S. sends notice confirming it has received from Lebanon and Israel their separate approvals.
The two sides will then deposit maritime border coordinates with the United Nations.
Under the deal, Israel has full rights over the Karish gas field which is expected to start gas production within weeks.
Lebanon will have full rights to operate and explore the so-called Qana or Sidon reservoir, parts of which allegedly fall in Israel’s territorial waters.