Fayyad says Iran preparing treaty for fuel oil grant


Caretaker Energy Minister Walid Fayyad announced Wednesday that the fuel oil that Lebanon will receive from Iran for its electricity plants “will be a grant” and accordingly is exempt from “any sanctions.”

“We will follow up on this issue and we have received reassurances that it will move forward,” Fayyad added, after meeting President Michel Aoun in Baabda.

“We are preparing a treaty and the Iranian side is preparing the details,” the minister said.

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