AMMAN, 09 June 2022, (TON): Lebanon’s caretaker energy minister said “politics was behind the delay of a US-backed deal to supply his country with electricity from Jordan via Syrian territory to ease crippling power shortages.”
Walid Fayad told “the World Bank, which had pledged to finance the project, was tying it to some kind of political diligence, alluding to external considerations without getting into specifics.”
Speaking on the sidelines of an energy conference in the Jordanian capital, Fayad said “the World Bank was also adding more conditions although they were clear at the start.”
Fayad said “the United States had demanded to see the financing terms from the World Bank to ensure that the electricity deal is not sanctionable, even though Washington had told Beirut in January not to fear sanctions over its regional energy supply plans.”
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