New gas discoveries in the Eastern Mediterranean come at a time when global gas demand is increasing. Demand for natural gas is expected to grow by 1.6% a year and overtake coal as the second most important fuel in the …
Lebanon’s gas wealth: the time factor Read More »
Middle East Strategic Perspectives has been providing a regular coverage of Lebanon’s emerging oil and gas sector.
In 2013, the sector has effectively started to take shape. The formation of the Petroleum Administration in November 2012 completed the institutional framework …
Lebanon’s oil and gas sector: 2013 in review Read More »
Lebanon/Israel – Maritime border dispute:
The determination to exploit offshore resources is pushing some officials to show certain flexibility and creativity by envisaging new options to contain, rather than enflame, the tension resulting from the maritime border dispute between Lebanon …
Lebanon: The Oil & Gas Week, December 09, 2013 Read More »
The role of the media in monitoring the government’s work and performance is inestimable. This also applies to the oil and gas sector. The vibrant Lebanese media, hesitant at first, is becoming more and more daring in its coverage of …
Lebanon: Encouraging Public Debate on Oil & Gas Read More »
Lebanon – The Oil & Gas Sector: A Discussion with Deputy Assistant Secretary for Energy Diplomacy Amos Hochstein
Despite obstacles, Deputy Assistant Secretary for Energy Diplomacy Amos Hochstein is keeping the momentum and pursuing his efforts to find a solution …
Lebanon: The Oil & Gas Week, November 25, 2013 Read More »
Lebanon and Cyprus agreed to reinforce their energy cooperation. A delegation headed by caretaker Energy Minister Gebran Bassil visited Cyprus on 7-8 November. The discussions, which involved export options, the joint development and exploitation of common hydrocarbon fields and …
Cyprus gas sector: export strategy, transparency and revenue management Read More »
Lebanon – Maritime border dispute
The maritime border dispute between Lebanon and Israel was the subject of increased attention since the publication of an article in the Israeli business magazine Globes on 29/10 claiming that Israel rejected a US compromise, …
Lebanon: The Oil & Gas Week, November 11, 2013 Read More »
Lebanon – Local politics:
The political debate around oil and gas seems to have subsided a little, owing less to a convergence in points of view than to a receding number of public declarations.
The major point of contention, related …
Lebanon: The Oil & Gas Week, October 28, 2013 Read More »
The past three weeks oil and gas have been the focus of chaotic political discussions fueled by a number of events, including developments related to the maritime border dispute between Lebanon and Israel, and the postponement of the first licensing …
Lebanon: The Oil & Gas Week, October 14, 2013 Read More »
In a statement released on 04/10, caretaker Energy Minister Gebran Bassil extended the deadline for submitting bids in the country’s first licensing round for offshore oil and gas exploration for a second time, from December 10, 2013 to January 10, …
FLASH: Lebanon: Lack of political will delays oil and gas tender Read More »
Lebanon – Local politics:
The Lebanese political class continues to show signs of confusion when dealing with oil and gas issues. Clearly, the topic has not been mastered yet, which to a certain extent explains current delays. For political leaders, …
Lebanon: The Oil & Gas Week, September 23, 2013 Read More »
Lebanon – Country risk:
Potential delay of Lebanon’s first licensing round – we can only speak of delay if the two decrees are not adopted by October 2, 2013 – has indeed affected foreign companies’ original enthusiasm for the bid. …
Lebanon: The Oil & Gas Week, September 16, 2013 Read More »