Lebanon – Internal politics:
Rifaat Eid, the leader of the pro-Syrian regime Arab Democratic Party, which draws its support from the Lebanese Alawite community in Tripoli, has called for a better representation of his community at the political level. Speaking …
[Oil & Gas Updates]: Weekly Roundup 17/12 Read More »
Lebanon – Cyprus – Israel:
Lebanese-Cypriot relations were given a boost this past week (3-9/12) by a series of events, after a period of somewhat uneasy relations due to a Cypriot-Israeli agreement over the delimitation of their Exclusive Economic …
[Oil & Gas Updates]: Weekly Roundup 10/12 Read More »
Lebanon – Economic Prospects:
The Lebanese ministry of energy has to deal with complications arising from two separate projects initiated by minister Gebran Bassil: the construction of a power plant in Deir Amar and the leasing of electricity-generating ships …
[Oil & Gas Updates]: Weekly Roundup 03/12 Read More »
Lebanon – Iran:
Iran granted $40 million to Lebanon for the construction of a water dam in the village of Balaa in Batroun to generate power. The deal was signed on 16/11 in Beirut between the Iranian Energy Minister …
[Oil & Gas Updates]: Weekly Roundup 26/11 Read More »
An article published in Al-Akhbar by Nasser Charara [Link in Arabic. French translation here] on November 13 looks at the Syrian crisis through energy geopolitics. The author refers to leaks emanating from a “western oil giant” to conclude that …
In an interview on Radio Sawt el-Mada on November 17, Energy Minister Gebran Bassil indicated that Lebanon enjoys vast resources that exceed those of Cyprus and Israel and qualified past negligence of such a wealth as “unfair” and “irresponsible”. He …
[Oil & Gas Updates]: Energy Minister G. Bassil defines next steps Read More »
El-Nashra reported on November 15, that Baath MP (and former minister) Assem Qanso believes stability in Lebanon is due to large oil deposits in the country, both offshore and inland, particularly in the Beqaa, his native region.
Qanso, who holds …
In a televised speech on the occasion of the first day of the Shi’ite religious celebration of Ashoura, Hezbollah leader Sayyed Hassan Nasrallah devoted an important part of his TV appearance to the Gaza crisis and urged Arab states to …
The Kataeb party released a statement on 12/11 [Link in Arabic], following the weekly meeting of its political bureau, and called for the adoption of the highest standards of transparency in the management of the oil and gas sector, and …
[Oil & Gas Updates]: Civil society to monitor oil and gas sector? Read More »
The chief executive of Cairn Energy, which is eyeing offshore Lebanon, Simon Thomson, believes there’s a lot more hydrocarbon resources to be discovered in the Mediterranean. Cairn Energy has expressed interest in the past in Lebanon’s hydrocarbon potential, and …
Assafir published in its 08/11 edition the list of functions of the Petroleum Administration, as outlined in Article 10 of Decree No 7968 governing the Petroleum Administration. It published in its 10/11 edition, the functions of each of its …
[Oil & Gas Updates]: Petroleum Administration: List of functions [in Arabic] Read More »
The newly-formed Petroleum Administration held its first meeting on Friday 09/11, headed by Energy Minister Gebran Bassil. Bassil said the major challenge ahead is to be ready by the end of 2012 for the launching of the first licensing round. …
[Oil & Gas Updates]: Petroleum Administration: The Challenges Ahead Read More »