New proposals to resolve Israel-Lebanon oil and gas dispute
New proposals to resolve Israel-Lebanon oil and gas dispute/node/1316501/middle-east
New proposals to resolve Israel-Lebanon oil and gas dispute
Israel's Energy Minister Yuval Steinitz poses for a photograph during an interview with Reuters, in Jerusalem, in this November 16, 2016 file photo. (REUTERS)
New proposals to resolve Israel-Lebanon oil and gas dispute
Israel recently warned energy companies in Lebanon not to drill close to its border
Both Lebanon and Israel are planning new rounds of tenders for offshore exploration
Updated 06 June 2018
Reuters
JERUSALEM: New ideas proposed in US back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Israel’s energy minister said.
Israel kicked off a gas bonanza in the eastern Mediterranean almost a decade ago with the discovery of two huge gas fields. Others were found in Egypt and Cyprus, and companies are now exploring Lebanese waters as well.
One of the Lebanese blocks being explored, Block 9, borders Israel’s maritime zone and contains waters claimed by both countries. The disputed border also touches two other not-yet-licensed Lebanese blocks.
This has led to years of brinkmanship with officials on both sides promising to protect their resources and warning about encroachment.
“There are some new ideas on the table. More than that I cannot discuss,” Energy Minister Yuval Steinitz, said in a Reuters interview. He oversees energy exploration in Israel and is the pointman in indirect negotiations with Lebanon.
David Satterfield, the acting US assistant secretary of state for Near Eastern Affairs, has shuttled between the countries in recent months as a mediator.
Steinitz said that President Donald Trump’s Middle East peace negotiator Jason Greenblatt has also been involved.
“There is room for cautious optimism. But not beyond cautious,” Steinitz said. “I hope that in the coming months, or by the end of the year, we will manage to reach a solution or at least a partial solution to the dispute.”
But he added: “Nothing has been settled yet.”
Even a partial agreement would be a major diplomatic achievement, as well as timely, since both Lebanon and Israel are planning new rounds of tenders for offshore exploration.
A spokeswoman for Lebanon’s Energy and Water Minister Cesar Abi Khalil declined to comment on the negotiations between Lebanon and Israel or the specific points raised by Steinitz.
Israel recently warned energy companies in Lebanon not to drill close to its border, and the consortium set to explore Block 9 — made up of France’s Total, Italy’s Eni and Russia’s Novatek — has said it would stay away from the disputed area.
Steinitz also said he expected Israel to begin a new round of tenders for offshore blocks sometime between September and November.
The new offshore exploration licenses will be modified to make them more attractive to energy groups, after a previous auction got a tepid response, Steinitz said.
Israel launched a bidding round in November 2016 after a number of the fields were found in Israeli waters. It accepted the only two bids it received — from Greece’s Energean and a consortium of Indian firms including ONGC Videsh , Bharat PetroResources, Indian Oil Corp. and Oil India.
Steinitz said there were lessons to be learned.
“We will change the method in a way that it will be more accessible and attractive,” he said, without elaborating. “Additionally, I think there were two developments that will make the exploration more attractive.”
Slot warns of Southampton slip-up ahead of Liverpool’s ‘incredible’ week
Slot has made a remarkable start to his time in charge of the Reds, winning 15 of his first 17 games in all competitions
That has propelled Liverpool into a five-point lead over City at the top of the Premier League and to the summit of the new-format Champions League
Updated 3 min 53 sec ago
AFP
LIVERPOOL: Arne Slot said he cannot be distracted by Liverpool’s upcoming showdowns with Real Madrid and Manchester City as the injury-hit Premier League leaders visit Southampton on Sunday.
Slot has made a remarkable start to his time in charge of the Reds, winning 15 of his first 17 games in all competitions.
That has propelled Liverpool into a five-point lead over City at the top of the Premier League and to the summit of the new-format Champions League.
“It would be a bit strange if I tell you I’m not enjoying being in the position we are in now, but we also understand we’re only 11 (league) games in now, so that’s a lot of games to be played,” said Slot at his pre-match press conference on Friday.
A trip to bottom-of-the-table Southampton appears the ideal appetiser to two huge clashes as Madrid visit Anfield on Wednesday before a showdown with City on December 1.
But Slot is wary of the threat posed by the Saints, who have often dominated possession without reward on their return to the top-flight.
“We indeed have incredible fixtures coming up, starting with Southampton,” added Slot.
“It’s not going to be easy even if everyone feels it is (because they are) bottom of the league. (Southampton) do not play at all like this and they made it difficult for teams that are in the top three of four.
“Their playing style is very interesting, it is a joy to watch their games.”
Trent Alexander-Arnold could be back in time to face Madrid, but is unlikely to return from a hamstring injury this weekend, while Alisson Becker and Diogo Jota remain out.
Liverpool’s title rivals received a major boost this week as Pep Guardiola extended his contract as Manchester City boss until 2027.
Slot is a confessed admirer of the former Barcelona and Bayern Munich coach, who has led City to six Premier League titles in the past seven seasons.
“That’s good news for City first of all, and also good news for the league because I think everyone wants to have the best managers possible and the best players over here,” said Slot.
“On the other hand City have so many quality players that if he made the choice to leave the club I would never expect them to be bottom of the league next season.”
“He’s got a small injury in his thigh muscle, it’s a shame,” Alonso told reporters ahead of Saturday’s home clash with Heidenheim
Nigerian media reported Boniface could miss the remainder of 2024 but Alonso was optimistic the striker would be back soon
Updated 3 min 36 sec ago
AFP
BERLIN: Bayer Leverkusen and Nigeria striker Victor Boniface is set to miss “a few games” after returning from international duty with a leg injury, coach Xabi Alonso said Friday.
“He’s got a small injury in his thigh muscle, it’s a shame,” Alonso told reporters ahead of Saturday’s home clash with Heidenheim.
Nigerian media reported Boniface could miss the remainder of 2024 but Alonso was optimistic the striker would be back soon.
“He won’t be there tomorrow or against Salzburg (Champions League).
“We hope he will play again this year. We have to wait and see, but it’s not going to be six or eight weeks.”
Forward Patrik Schick, who has started just twice in the league this season, is expected to step up in the Nigerian’s absence.
“He is always ready — we don’t just need him now, but always.”
The defending champions, who did not lose a game in Germany last year on the way to an unbeaten league and cup double, have stuttered this season.
Leverkusen are currently in fourth, nine points behind league leaders Bayern Munich. Alonso’s men have dropped 13 points so far this season, one more than the 12 they leaked in the entirety of the last campaign.
Boniface is Leverkusen’s highest scorer in the league, with six goals and an assist in 10 games.
KARACHI: The United States on Friday condemned a deadly attack in Pakistan’s Kurram district that killed 41 people this week, reaffirming its commitment to stand with Pakistan in ensuring the safety of its citizens against such militant attacks.
Unidentified gunmen targeted vehicles carrying Shiite community members in the Kurram district of Khyber Pakhtunkhwa province on Thursday, in one of the deadliest sectarian attacks in recent years. The assault, which also left many critically injured, occurred in a region already plagued by deadly clashes in recent months.
“The United States will remain a steadfast partner as Pakistan works to ensure the safety and security of all its citizens,” Jonathan Lalley, the spokesperson of the US diplomatic mission in Pakistan, said in a statement. “We stand in solidarity with Pakistan and the people of Khyber Pakhtunkhwa in this difficult time.”
Lalley expressed condolences to the victims’ families and called for a full recovery for the injured.
“The Pakistani people deserve to live free from harm, danger, and threat, and to feel protected and secure in their daily lives,” he added.
No group has claimed responsibility for the attack, which followed the reopening of a key highway in the region after it was closed for weeks due to sectarian violence.
Kurram, a volatile district near the Afghan border, has been a flashpoint for sectarian clashes between Sunni and Shiite communities, adding to the challenges of maintaining security in the area.
The US-Pakistan forged a counterterrorism partnership in the aftermath of the September 11, 2001, attacks, to address regional security challenges. Over the years, however, the relationship faced friction, while the US-led international forces were in Afghanistan.
Despite the tensions, both countries reaffirmed their commitment to security cooperation and counterterrorism efforts, especially in the wake of the US military withdrawal from Afghanistan in 2021.
The commitment to security partnership reflects a shared goal of combating extremism and ensuring regional stability.
COP29 enters final hours amid key negotiations on climate finance and carbon markets
Updated 18 min 30 sec ago
MANAL AL-BARAKATI
BAKU: As COP29 nears its conclusion, negotiators are working intensively to finalize agreements that could significantly advance global climate action.
Hosted in Baku, Azerbaijan, the conference has focused on critical issues such as climate finance, adaptation strategies, and the operationalization of carbon markets under the 2015 Paris Agreement.
Although decisions remain in draft form, the discussions signal progress on aligning global efforts with the urgent need to combat the climate crisis.
Saudi Arabia has emerged as a key player, leveraging its growing diplomatic influence and domestic climate initiatives to shape the outcomes.
Push for equitable climate finance
One of the most pressing topics at COP29 has been the New Collective Quantified Goal on climate finance.
Negotiators are seeking to establish a framework that mobilizes $1.3 trillion annually by 2035 to support developing nations in addressing climate change.
This new goal reflects the escalating financial demands of both mitigation and adaptation efforts, with developing countries requiring $215 billion to 387 billion annually for adaptation alone through 2030.
Saudi Arabia has been a vocal advocate for equitable financing mechanisms, emphasizing the need for practical pathways to unlock funds for countries that bear the brunt of climate impacts yet have limited resources.
The Kingdom has supported calls for reforming global financial institutions to reduce barriers such as high borrowing costs and restrictive conditions. This aligns with Saudi Arabia’s broader position that climate finance must be accessible and targeted to the most vulnerable nations.
Domestically, Saudi Arabia has backed its advocacy with action. The Kingdom has committed significant investments to its Saudi Green Initiative, which includes billions of dollars for renewable energy projects, reforestation, and environmental restoration.
These initiatives underscore Saudi Arabia’s dual focus on addressing domestic climate challenges and contributing to global solutions, according to the draft resolution.
“Through initiatives like the Saudi Green Initiative, the Kingdom has committed to reducing regional emissions by more than 10 percent and leading the planting of 50 billion trees across the Middle East to combat desertification and foster environmental sustainability,” the document stated.
Speeches came to an end as negotiations at COP29 in Baku reached their final hours. AN Photo/Abdulrahman Bin Shulhub
Carbon Markets: A Saudi priority
Discussions on Article 6 of the Paris Agreement, which governs international carbon trading, have been another focal point of COP29.
Saudi Arabia has taken a prominent role in shaping the rules for carbon markets, advocating for frameworks that promote transparency and equitable participation.
Under Article 6.2, which covers bilateral cooperation, and Article 6.4, which establishes a centralized mechanism for trading carbon credits, Saudi negotiators emphasized the importance of avoiding double-counting emissions reductions and ensuring environmental integrity.
These safeguards are essential for building trust in the carbon market as a tool for accelerating emissions reductions.
In the draft resolution on financing released by the UN Framework Convention on Climate Change it is outlined that “Saudi Arabia emphasizes the importance of transparency and equitable participation in Article 6 mechanisms, ensuring that developing nations can benefit from international carbon trading frameworks.”
The Kingdom’s engagement in these discussions reflects its broader ambition to become a regional hub for carbon trading. The Kingdom is advancing projects in carbon capture, utilization, and storage, positioning itself as a leader in leveraging market-based solutions to achieve climate goals.
These efforts align with the Saudi Green Initiative’s targets for emissions reductions and renewable energy expansion.
A commitment to adaptation
While mitigation often dominates global climate discussions, COP29 has seen renewed attention to adaptation – an area where Saudi Arabia has also contributed actively.
Negotiators are working to refine the Global Goal on Adaptation by developing measurable indicators to track progress.
These metrics aim to ensure that adaptation efforts are effective and responsive to the needs of vulnerable communities.
“Saudi Arabia continues its focus on promoting energy efficiency, a critical pillar of its sustainability agenda, as highlighted by top officials during COP29 discussions,” reads the draft resolution.
The Kingdom has supported these efforts, emphasizing the importance of integrating local knowledge and traditional practices into adaptation strategies. The Kingdom’s approach aligns with its domestic priorities, which include enhancing resilience to desertification and water scarcity, challenges exacerbated by its arid climate, the document added.
Inclusivity and collaboration
Inclusivity has been a central theme at COP29, and Saudi Arabia has demonstrated its commitment to ensuring diverse voices are part of the climate conversation. The Kingdom supported the draft Baku Workplan, which aims to elevate indigenous peoples and local communities in climate governance.
Domestically, Saudi Arabia has prioritized inclusivity through education and workforce development programs that prepare youth and women for leadership roles in green industries.
These initiatives are part of broader reforms under Vision 2030, which aims to diversify the economy while ensuring equitable opportunities for all citizens.
COP29 began on Nov. 11. AN Photo/Abdulrahman Bin Shulhub
Regional leadership
Saudi Arabia’s influence extends beyond its national borders. Through the Middle East Green Initiative, the Kingdom is fostering regional cooperation to combat climate change.
The initiative includes ambitious goals to plant 50 billion trees across the Middle East and reduce regional emissions by more than 10 percent.
At COP29, these efforts were presented as examples of how regional action can amplify global progress.
By working closely with other Gulf Cooperation Council countries, Saudi Arabia is also driving investments in renewable energy projects that enhance energy security and sustainability.
These partnerships underscore the Kingdom’s role as a regional leader in climate action, capable of catalyzing collective efforts to address shared challenges.
Challenges and opportunities ahead
As COP29 approaches its conclusion, much remains to be finalized. The draft decisions on climate finance, carbon markets, and adaptation reflect significant progress but also underscore the complexity of reaching consensus among diverse stakeholders.
Saudi Arabia’s contributions to these discussions demonstrate its ability to balance domestic priorities with international leadership. By advocating for equitable solutions, advancing regional cooperation, and showcasing its own climate successes, the Kingdom has positioned itself as a key player in shaping the global response to climate change.
The conference has marked an important step forward in the global fight against climate change. The agreements under discussion – particularly those on finance and carbon markets – highlight the growing recognition that collective action is essential to achieving the Paris Agreement’s goals.
Saudi Arabia’s active participation in these negotiations underscores its evolving role as a climate leader.
Saudi Arabia advocates for quality of life during COP29
One of the key initiatives driving this change is Saudi Vision 2030, a strategic framework aimed at reducing the country’s dependence on oil and fostering economic diversification
This vision places significant emphasis on green development, which is essential for enhancing the overall quality of life for residents and citizens in the Kingdom
Updated 20 min 34 sec ago
Haifa Alshammari
BAKU: While COP29, the 29th climate change conference, continues discussions for a 12th day in the capital city of Azerbaijan to elevate health and well-being for people all over the world, sustaining the level of quality of life after the implementation of policies is important.
Sustainability, in general, has emerged as a critical focal point for countries worldwide, and Saudi Arabia is no exception. As the Kingdom moves from a predominantly oil-based economy to a more diverse and sustainable model, the implications for quality of life are profound.
One of the key initiatives driving this change is Saudi Vision 2030, a strategic framework aimed at reducing the country’s dependence on oil and fostering economic diversification.
This vision places significant emphasis on green development, which is essential for enhancing the overall quality of life for residents and citizens in the Kingdom.
The Saudi government is working to create a more resilient and prosperous future through various investments in sustainable urban planning and eco-friendly technologies and projects.
Sustainable urban development is central to enhancing the quality of life. Projects such as NEOM, a futuristic city planned to integrate smart technology and sustainable living, show how urban environments can be designed while keeping growth sustainable even after the completion of the city.
Such projects aim to provide residents with green spaces, efficient public transport and smart infrastructure, all contributing to a higher standard of living.
Aeon Collective is another example that shows the Kingdom’s commitment to raising living standards for people.
The company is an interdisciplinary, non-profit organization based in Riyadh, committed to advancing the concept of sustainability and development in Saudi Arabia, while at the same time focusing on the intersection of social, economic, and ecological well-being.
Aeon Collective is considered a Waqf, which is an Arabic word meaning assets that are donated, bequeathed, or purchased to be held in perpetual trust for general or specific charitable causes that are socially beneficial.
Princess Mashael Saud Al-Shalan, co-founder of Aeon Collective, explained to Arab News during COP29 the concept and objective of the organization.
“As you know, Waqf is one of the oldest legal Islamic structures, (established) almost 1400 years ago,” she said. “The intention was to reorient this legal structure (Waqf) into a space that allowed us to focus on sustainability in the longer run, but in the shorter run try to answer one key basic question, ‘what would it take to align opportunities for socio-economic mobility for individuals through the active action of repairing our planet?’”
Princess Mashael spoke further of the need to reclaim the Islamic framework Amarat Alardh, which, according to her, means “custodianship of the land.”
“It is within our own heritage, our culture, Islamic, Arabic, Saudi, that we have to be there to take care of our fellow citizens, our fellow humans, but importantly, every other being, plant, animal, that we share this planet with,” she said.
Moreover, public awareness and engagement in sustainability practices are being fostered through educational campaigns and community initiatives. By encouraging citizens to adopt sustainable habits, such as recycling and energy conservation, the government aims to create a culture of sustainability that enhances community well-being.
Throughout the conversation, Princess Mashael praised the perspectives Saudi Arabia is bringing to the table of negotiations during this event, yet stressed also the responsibility of individuals to raise the bar of ambition on a national level to ensure that those goals and ambitions are translated on the ground.
In addition, Princess Mashael was a speaker at one of the panels on Wednesday, regarding sustainability in cities.
“Cities tend to not only be the biggest congregators of carbon but also where most of the brains we are trying to attract, who solve these issues, live ... So it is having a mentality that goes beyond scarcity, beyond fear-mongering and eco-anxiety; to a mentality of growth, to a mentality of being able to do.”
Sustainability in Saudi Arabia is not merely a response to environmental concerns; it is a holistic approach to improving quality of life through strategic initiatives in numerous sectors, including urban planning and community engagement; the country is laying the groundwork for a healthier, more sustainable future for its people.
