Gas production would be based on the Lebanese side, but Israel would be compensated for gas extracted from its side of the line, under a separately signed deal between Total and Israel, the company says.
The Indonesian Presidency has set the agenda for the summit against a backdrop of a potential global recession, disruptions related to Covid-19 and an energy and food crisis.
The government's move partly delays the country's nuclear exit decided under former chancellor Angela Merkel after the Fukushima disaster in 2011.
As Russia escalates tensions in the Ukrainian crisis, the possibility of the Kremlin shutting the gas valve of its largest energy supplier, Gazprom, leaves Europe scrambling to find alternatives.
The United States has been in talks with major energy-producing countries and companies around the world over a potential diversion of supplies if Russia plugs gas supply to the EU bloc.
Within a decade, Israel has become self-sufficient in meeting its energy needs but it’s hardly the major player it projects itself to be.
Instead of taking on the role of fair mediator, Brussels has broken its own rules to accept the Republic of Cyprus into the EU and is now inflaming tensions with Turkey over natural resources.
As Japan looks to ensure security in the region, it could play a vital role in negotiating between Iran and the US.
Donald Trump openly chastised America's closest allies in the 2017 NATO summit, asking them to "contribute their fair share" and his pointman in Berlin has reinforced the divisive narrative and now there are calls for him to be sent back home.
Iraq seeks to forge an independent foreign policy between the American-Iranian rivalry amidst a backdrop of frantic diplomatic visits to Baghdad in recent weeks.
Russian President Vladimir Putin says the TurkStream gas pipeline, consisting of two 930-kilometre lines each with a capacity of 15.75 billion cubic metres, would become fully operational by the end of 2019.
Closer relations between Armenia and Turkey can only happen if it also includes Azerbaijan. Regional peace within a trilateral framework is possible if Armenia wants it.
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