Caretaker Minister of Energy Walid Fayad confirmed that the maritime border demarcation negotiations led by President Michel Aoun were making remarkable progress with regard to the proposed solution, represented by Lebanon's will to preserve all its rights to extract oil from Qana field and preserve the maritime one.

"I think that the issue, in terms of its technical details and negotiations, is coming to an end, and the timing of reaching the final solution remains, which is subject to some political conditions by both parties," Fayad said in an interview with Radio Lebanon.

He also voiced his hope for the formation of a government with full powers to meet and take basic decisions.