Saudi Press

Saudi Arabia and the world
Tuesday, Jul 14, 2026

Lebanon pins economic hopes on talks with Israel

Lebanon pins economic hopes on talks with Israel

The first session of US-mediated Lebanese-Israeli talks under UN auspices will kick off on Oct. 14 in the Lebanese border town of Naqoura.
The negotiations aim to demarcate the disputed maritime border and, later, the land border. Lebanon is hoping that successful talks will provide an appropriate security environment for oil and gas companies to do exploration work off its coast.

The first session will have low-level representation, with military and Energy Ministry officials representing Lebanon.

The UN-demarcated land border between Lebanon and Israel - the Blue Line - includes several points that are disputed by the two sides.

Lebanon signed in 2018 its first offshore oil and gas exploration and production contracts with three companies - France’s Total, Italy’s Eni and Russia’s Novatek - to explore Block 4 and Block 9 in the Mediterranean. The latter block is disputed by Israel.

Successful exploration would provide a lifeline for Lebanon’s ailing economy. The contracts signed between Lebanon and the consortium obligates the drilling of an exploration well before the end of 2020.

These companies have two options: Either proceed with the drilling despite the Israeli-Lebanese dispute, or negotiate with Beirut to postpone the exploration.
“Negotiating with Israel has important political and security results as it will lead to reducing current tensions,” said Muhannad Al-Hajj Ali, a researcher at the Carnegie Middle East Center.

He added that demarcating borders would remove the justification of the Lebanese Shiite militia Hezbollah for possessing weapons.

“Lebanon is entering a new phase. It’s possible to negotiate a final solution to the Lebanese-Israeli conflict, and then weapons will be included in Lebanon’s internal formula and, through a gradual phase, in a military strategy,” he said.

“The Lebanese Army, therefore, becomes the umbrella, and Hezbollah’s cadres may be integrated into the army or be a stand-alone wing under the army’s command, in return for a political gain that doesn’t violate the balance and parity. There’s talk of making the army’s command Shiite.”
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Europe's Growing Struggle with Extreme Heat and Air Conditioning
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
×