The Energean Power platform crossing the Suez Canal en route to the Karish gas field, June 3, 2022. (Credit: AFP)
Washington’s envoy for energy security is at the head of US efforts toward de-escalation between Hezbollah and Israel. This is mainly due to the fact that Amos Hochstein is the architect of the October 2022 maritime border demarcation agreement between Beirut and Tel Aviv, which is supposed to enable the two countries to mark out their exclusive economic zones in order to invest in the hydrocarbons found in their offshore fields.But beyond his experience in mediating between the two countries, the return of this seasoned diplomat a year later to head off a widened war is also linked to the importance of hydrocarbons in the ongoing crossfire. Indeed, in the package deal he proposed to Hezbollah to calm tensions at the border, Hochstein included a key clause: Speeding up investment in offshore gas to revive the rundown economy in south...
Washington’s envoy for energy security is at the head of US efforts toward de-escalation between Hezbollah and Israel. This is mainly due to the fact that Amos Hochstein is the architect of the October 2022 maritime border demarcation agreement between Beirut and Tel Aviv, which is supposed to enable the two countries to mark out their exclusive economic zones in order to invest in the hydrocarbons found in their offshore fields.But beyond his experience in mediating between the two countries, the return of this seasoned diplomat a year later to head off a widened war is also linked to the importance of hydrocarbons in the ongoing crossfire. Indeed, in the package deal he proposed to Hezbollah to calm tensions at the border, Hochstein included a key clause: Speeding up investment in offshore gas to revive the rundown economy in south...
Humanitarian convoy reaches Rmeish, Ain Ibl, Dibil despite obstacles
