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Kuwait, Lebanon in talks over potential oil deal

Source: MENAFN 8/15/2005, Location: Middle East

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Lebanon and Kuwait are expected to sign a three-year cooperation agreement under which Kuwait will supply gas oil, fuel and other derivatives to Lebanon at lower prices, easing the plight of Lebanon's national power supplier Electricite du Liban.the Kuwaiti Prime Minister had issued instructions to the competent Kuwaiti authorities to extend special facilities to help Lebanon ease its on-again-off-again crisis of power outages.

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