On 11 October 2022, the Republic of Lebanon and the State of Israel reached a draft Exchange of Letters Establishing a Permanent Maritime Boundary to delineate their territorial sea and EEZ maritime boundary, with the USA formally acting as a mediator and facilitator between the Parties since 29 September 2020. Pending finalisation, Section 1 would define the maritime boundary as agreed between the Parties for all points seaward of the easternmost point of the maritime boundary line. Section 2 addresses exploration and exploitation of an area refereed to as “the Prospect”.
In order not to prejudice the status of the land boundary, the maritime boundary landward of the easternmost point of the MBL is expected to be delimited in the context of, or in a timely manner after, the Parties’ demarcation of the land boundary. Until such time this area is delimited, the Parties agree that the status quo near the shore, including along and as defined by the current buoy line, remains the same, notwithstanding the differing legal positions of the Parties in this area, which remains undelimited.
Section 1B
De Maribus 