FYI
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 12/18/2000 
08:02 AM ---------------------------
From: Alhamd Alkhayat@ENRON on 12/17/2000 12:17 PM
To: alkhayat@pdq.net
cc:  (bcc: Jeffrey A Shankman/HOU/ECT)
Subject: gas deal





A Syrian, Egyptian and Lebanese memorandum of understanding to transport, 
market natural gas
Regional, Economics, 12/16/2000
In the presence of the Lebanese prime minister Rafik al- Hariri a memorandum 
of understanding was signed on Friday in Beirut between Syria, Egypt and 
Lebanon on the transportation and marketing of natural gas.

On the Syrian side the memo. Was signed by minister of oil Maher Jammal and 
minister of oil in Egypt Sameh Fahmi and the Lebanese side was attended by 
Muhammad Abdul hamid Beydoun, the minister of energy and waters, in the 
presence of the secretary general of the Syrian- Lebanese higher council Nasr 
al-Kouri.

The project aims at transporting Egyptian and Syrian gas prepared for 
exportation to Lebanon, Jordan, Turkey and European countries to market it to 
meet the local demands of gas in these countries.

In a statement to pressmen following the signing ceremony, the Egyptian 
minister said the pipeline worth US $ 1 billion and that it would start near 
al-Arish in Egypt in Northern Egypt and run under the waters of the 
Mediterranean to Lebanon and Turkey through Syria.

The Syrian minister stressed the importance of the project which constitutes 
a turning point in boosting joint regional Arab co-operation and which 
signifies a vivid example on integrated Arab economy.

For his part, the Lebanese minister said that this project will strengthen 
the economic potentials of the participating countries and have positive 
impact on their general conditions.



Alhamd Alkhayat
ENRON CORP.
+1(713)853-0315

This message (including any attachments) contains confidential information 
intended for a specific individual and purpose, and is protected by law.  If 
you are not the intended recipient, you should delete this message and are 
hereby notified that any disclosure, copying, or distribution of this 
message, or the taking of any action based on it, is strictly prohibited.