Home Economics & Policy A beginner’s guide to Lebanon’s oil and gas


A beginner’s guide to Lebanon’s oil and gas

All you need to know about the country’s offshore resources

by Joe Dyke

Lebanon's oil and gas sector has the potential to transform the country's economy. Experts estimate the gas in Lebanon's waters may be worth more than $75 billion, nearly double the country's GDP.

If done well, the resources could be used to reduce debt while also stimulating growth. But if politicians negotiate bad deals or if corruption seeps in, Lebanon could be hit by so-called 'Dutch disease' – with the country becoming inefficient and other sectors suffering.

Without an understanding of the country's oil and gas sector, the public will struggle to hold politicians to account on the issue.

Therefore, we present our beginner's guide to the issues. Click here or on the image below to see the interactive tables.

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Joe Dyke

Joe Dyke worked at Executive from 2012 until 2014, mostly as economics and politics editor. He later worked for The New Humanitarian, Agence France Presse (AFP) and is now head of investigations at the civilian harm monitoring organisation Airwars.
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