At the end of 2017, politics once again threatened the completion of Lebanon’s first offshore oil and gas licensing round. More than four years ago, former Prime Minister Najib Miqati …
Oil and gas
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Lebanon is finally stepping into the exploration phase. The Council of Ministers approved the awarding of exploration and productions licenses mid-December to a consortium made of France’s Total, Italy’s …
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CommentEconomics & PolicyOil and gas
Strengthen our environmental protections
by Diana Kaissyby Diana KaissyAs Lebanon gears up to explore for offshore oil and gas resources, it is critical that environmental protection is a front and center priority. Oil and gas development activities have …
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Regardless of what local banks keep proclaiming, Lebanon has no oil or gas. There’s reason to believe it does, but the process of finding out is only just beginning. On …
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On June 22, Israel’s energy ministry announced that the deadline to place bids in the country’s first offshore licensing round would be pushed back until November 2017. This is the …
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On January 4 2017, the Lebanese government approved what many observers have been waiting for since March 2013: two oil and gas decrees, without which the country’s first licensing round …
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Economics & PolicyOil and gas
New strategy needed for Lebanon’s oil and gas
by Sami Atallahby Sami AtallahOne of the key issues that Lebanon’s new government must address – and the list is long – is the two oil and gas-related decrees that have been collecting dust …
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The National Oil and Gas Company of Lebanon. Sounds official. It isn’t. But not for a lack of trying. Many countries with revenue from mining the “Devil’s excrement” (or Satan’s …
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Economics & PolicyOil and gas
Anti-corruption law needed for oil and gas
by Jeremy Arbidby Jeremy ArbidAlmost a year has passed since Executive first reported on a new draft law aiming to stamp out corruption at various points along the life cycle of an oil and …
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Recent news that rival political parties agreed on a vision for Lebanon’s oil and gas sector was met with worried optimism – an over three year wait for pending decrees …
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