Saturday, 12 March 2022 (YJC)_ After meeting with the Moscow ambassador in Beirut, the Lebanese energy minister said that a Russian company had offered Lebanon to build a refinery there.
Lebanese Energy Minister Walid Fayyaz announced on Friday that a Russian company had offered to build a refinery.
The refinery will solve the problem of electricity and fuel, the Anatolia news agency quoted Fayyaz as saying. He made the remarks to reporters after meeting with Moscow's ambassador to Beirut, Alexander Rudakov.
The Lebanese minister did not name the Russian company, but said:
Such projects are time consuming; Especially in the field of electricity and fuel ... After completing the necessary measures to implement this plan and determine its benefits and requirements, it will be presented to the cabinet.
Pointing to the strategic and economic importance of the project, he stressed that in a meeting with the Russian ambassador, he reviewed the progress of work on the project to build storage tanks for petroleum products in northern Lebanon. The project began last December and is being run by Russia Oil Company.
Meanwhile, Lebanese Hezbollah Secretary General Seyed Hassan Nasrallah recently said that a year and a half ago, a Russian company offered Lebanon a refinery at a cost of 1.2 billion dollars.
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