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December 20, 2012       Share:    

Source: http://www.csmonitor.com/World/Middle-East/2012/1219/Lebanon-Israel-take-step-toward-claiming-big-oil-gas-deposits

U.S. Proposes Boundary for Israel, Lebanon Maritime Gas Deposits

(Christian Science Monitor) Nicholas Blanford - The U.S. has proposed a boundary between the maritime economic zones of Lebanon and Israel to help end a lingering dispute and open up oil and gas exploration in the eastern Mediterranean. "Both sides appear to be interested in an equitable solution," said a source familiar with the U.S. proposal. The boundary submitted by Israel to the UN lay some 10 miles northeast of Lebanon's proposed boundary, creating a 330 square mile overlap.

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