Home Economics & PolicyTransparency is not enough

Transparency is not enough
ENAR

by Zara Rahman

Lebanon’s progress to cultivate wealth from its offshore oil and gas resources has left us with more questions than answers. While the country will not extract any resources for at least five years, the agreements being negotiated in the next 12 months will determine whether Lebanon gets a good deal or not. Over the course of five days, seven leading thinkers will discuss different aspects of the resources — from avoiding environmental destruction to how to spend the new wealth — each with the aim of helping provoke awareness about what is going on in this crucial period. For our third segment, OpenOil's Zara Rahman discusses how to push the government to be transparent. See also: Lebanon's Petroleum Administration makes a positive start Avoiding a regional war over hydrocarbons   Transparency has become something of a buzzword for Lebanese politicians, most recently former Prime Minister Fouad Siniora, as they suggest

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