Author Archives: Matt Nash

Maximizing oil and gas potential

Maximizing oil and gas potential

In an effort to maximize the benefits for the local economy from the oil and gas industry, the Lebanese Petroleum Administration (LPA) has included provisions in the model exploration and production sharing agreements to help domestic companies. The contracts state that when oil and gas companies need to procure goods, they must give preference to

Investment expectations

Walid Nasr’s eyes rolled so far back his head, Executive worried he was having an episode. The Lebanese Petroleum Administration (LPA)’s head of strategic planning was clearly disappointed. Only a few moments into an event organized by the Lebanese Forces, the emcee had wasted no time in estimating the value of Lebanon’s undiscovered offshore oil

Troubled waters

From a technical standpoint, the East Mediterranean is a challenge because the seabed is generally more than one thousand meters below the surface. Ultra-deep water, in industry parlance. From a geopolitical standpoint, the complexity is arguably even greater. Many problems among a variety of neighbors Production of East Med gas began in Egypt in the

Into the blue

Potential is the most important word to keep in mind when thinking about a future Lebanese oil and gas industry. In November (provided there’s a functioning government at the time), the country is scheduled to begin offshore exploration, which could provide a revenue stream flowing decades into the future and kickstart a local industry services

Unleash the speed

During five days in April, Lebanese internet users were given proof that their notoriously terrible connections have been kept that way on purpose. Lebanon had become a laughing stock. Back when Ookla – the US-based operator of the ubiquitous speedtest.net – offered public rankings of average internet download speeds by country, Lebanon was always near

The long goodbye

As could have been expected, chaos is ensuing. While the situation is not as dire as it was in the hectic summer of 2015 – when protests raged and trash burned on the streets of the capital and its environs – waste in Lebanon is still far from well-managed. One full year after Tammam Salam’s

Propaganda goes viral

“I don’t believe what I read in the papers, they’re just out to capture my dime.” – Paul Simon, Have a good time While propaganda is as old as time and political stakeholders have used the internet to spread their messages since the web’s early days, in 2016 propaganda went viral. It was also monetized

Securing the entrepreneurship ecosystem

It’s 3 a.m. Despite your family’s “no Internet after dinner” rule, your smart, web-connected refrigerator is rebelling, repeatedly attempting to load the same site. The mustard is not trying to catch up on the news, your ice box has become a zombie in a hacker’s army – a botnet, in industry lingo. While the so-called

How to have a fair election

The goal of any electoral law in a representative democracy is fair and accurate representation. Many people in the country have argued that even with parliamentary seats divided among the country’s different religious groups, Lebanon has not done well in achieving this fair and accurate representation with its own electoral laws. A long-standing allegation against

The lights are on, but no one’s at home

Property developers with projects in and immediately around Beirut are in trouble. In late November, Massaad Fares – president of REAL, Lebanon’s syndicate for real estate brokers and consultants – explains that a years-long sales slump at the highest end of the market is having a wider economic impact. Developers with too much exposure to

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