Russian companies are said to have shown interest in investing in the energy sector and in the energy sector, reports the Saudi daily Asharq el-Awsat. However, they would wait for the formation of a next government for more visibility.
This information comes as several Lebanese delegations, including that of Prime Minister designate Saad Hariri, one from Hezbollah and another this time headed by the president of the Free Patriotic Current have already visited Moscow. This Tuesday, a statement from the General Security also announces the trip to Russia of its director general, General Abbas Ibrahim, for a period of several days. The objective of this visit remains unknown for the moment even if this senior official is known to have been the mediator in several files, political as in negotiations with a view to freeing foreign nationals or even economic ones with his displacement, there is a few months in Kuwait to obtain the importation of fuel oil for power generation plants at reduced prices.
Russia has also reportedly tried to convince the Lebanese political class to find a solution to the current political crisis as the local economic situation continues to worsen.
Elsewhere, Russian companies are already present in Lebanon, in particular with the presence of Novatek within the consortium led by the French Total and where the Italian ENI is also present, aiming to explore and exploit the oil and gas resources that are found. potentially in blocks 4 and 9 of the Lebanese economic zone.
Rosneft also invested in Lebanon in 2019 by winning a call for tenders aimed at rehabilitating the current storage facilities for petroleum products in the port of Tripoli with a capacity of 450,000 cubic meters initially and then increasing their capacity in a second stage to 1.5 or 2 million cubic meters.
Finally, an agreement was recently reached to allow the production of the Russian anti-covid vaccine in Lebanon , with 30 to 60 million doses of vaccines should be produced annually with raw materials imported from Russia, destined for the local market but also for export.