Sadi Discusses Oil and Electricity Cooperation with Major Companies at ADIPEC

Minister of Energy and Water Joe Sadi held a series of intensive meetings as part of his participation in the Abu Dhabi International Petroleum Exhibition and Conference "ADIPEC", following his attendance at the opening ceremony.

Sadi met with his Emirati counterpart, Minister of Energy and Infrastructure Suhail Al-Mazrouei, and they discussed ways to cooperate in the energy sector between Lebanon and the United Arab Emirates.

In the field of oil and gas exploration, Sadi discussed opportunities for exploration in Lebanese maritime waters with representatives of Chevron company, urging the company to participate in this sector.

He also held a meeting with Arcius, a coalition of BP and XRG companies, to discuss opportunities for cooperation in oil and gas exploration in Lebanon. The technical team will follow up on these meetings to present available opportunities and attract the company to participate in exploration activities in Lebanese maritime waters.

Sadi also had meetings with Siemens and GE companies, during which he reviewed the latest developments in the gas turbine industry and the potential benefits of utilizing them to develop the electricity sector in Lebanon and improve its efficiency.

Additionally, Sadi held a meeting with UCC company to follow up on the Qatari offer presented to Lebanon in the energy sector and the progress made in negotiations regarding it, ahead of the fourth round of talks scheduled for next Thursday and Friday, November 5 and 6.