Iranian firms to build dam in Lebanon

Jan 10, 2012 12:00 AM

In a meeting between Iranian ambassador to Lebanon Ghazanfar Roknabadi and Lebanese Energy and Water Minister Gibran Bassil in Beirut, the two sides made an agreement for building a dam in north of Lebanon by Iranian companies.
The two sides also discussed exchanging experiences in technical and engineering fields, especially in oil, gas and electricity industries.

The Iranian official expressed the country’s readiness to carry out oil exploration operations in Lebanon as well as constructing fuel reserve tanks in the city of Tripoli.
According to Roknabadi, 26 MoUs have been inked between the two countries since the official visit of Iranian President Mahmoud Ahmadinejad to Lebanon last year. The official bilateral trade has continued to expand, increasing from $ 78.4 mm in 2006 to $ 180 mm in 2010.

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