Lebanon – First licensing round:
September 2, 2013; Lebanon missed its rendezvous. After failing to adopt the two decrees that are essential for pursuing the first licensing round, the deadline for submitting bids was extended from November 4 to December …
Lebanon: The Oil & Gas Week, September 09, 2013 Read More »
Lebanon’s oil and gas sector is on track, despite possible, but minor, delays. The country’s first licensing round opened on May 2, 2013. The tender will provide an opportunity for international oil companies to enter a new market and to …
New Report: Lebanon’s Oil & Gas Sector: Potential and Opportunities Read More »
Lebanon – The Oil & Gas Sector: A Discussion with caretaker Energy Minister Gebran Bassil
Lebanon’s first licensing round is facing its first obstacle. The two decrees that are essential for proceeding with the tender (one delimitating offshore blocks and …
Lebanon: The Oil & Gas Week, September 02, 2013 Read More »
Lebanon – Turkey:
Two Turkish Airlines pilots were kidnapped on 09/08 by an unknown group called Zuwwar al-Imam Rida, near the Beirut international airport. The incident is in retaliation for the kidnapping of Lebanese pilgrims in May 2012 by Syrian …
Lebanon: The Oil & Gas Week, August 19, 2013 Read More »
Lebanon – First licensing round:
Following his press conference on 05/07 in which he warned Israel may now have the capacity to siphon off Lebanon’s gas and urged Lebanese authorities to deal with the new threat by encouraging offshore oil …
Lebanon: The Oil & Gas Week, August 05, 2013 Read More »
Lebanon – Israel:
Caretaker Energy Minister Gebran Bassil held a press conference on Friday 05/07 to warn of possible threats resulting from the discovery of the Karish gas field in Israel, close to the Lebanese border. As we expected in …
Lebanon: The Oil & Gas Week, July 08, 2013 Read More »
Lebanon/Cyprus – LNG Plant:
U.S.-based Noble Energy and Israeli companies Delek Drilling and Avner Oil Exploration (both subsidiaries of the Delek Group) signed a memorandum of understanding (MoU) on 26/06 with the government of Cyprus launching talks for the construction …
Lebanon: The Oil & Gas Week, July 1st, 2013 Read More »
Lebanon – Local politics:
The extension of the Parliament’s mandate went into effect on Friday 21/06 and became legal by default, after the Constitutional Council failed to convene four times to look into the challenges submitted by President Michel Slaiman …
Lebanon: The Oil & Gas Week, June 24, 2013 Read More »
Lebanon – First licensing round:
According to the Offshore Petroleum Resources Law, companies wishing to acquire an exploration license should constitute consortiums of three companies, one of which an operator, and jointly submit a bid. On 11/06, TPAO’s acting president …
Lebanon: The Oil & Gas Week, June 17, 2013 Read More »
Lebanon – Iran:
The Iranian Fars News Agency reported on 02/06 that Lebanese and Iranian officials reached an agreement on expanding cooperation in the oil and gas sector on the sideline of a 5-day exhibition on Iran held in Beirut …
Lebanon: The Oil & Gas Week, June 10, 2013 Read More »
Lebanon – Local politics:
Lebanese MPs decided on Friday 31/05 to extend the mandate provided to them for four years by Lebanese citizens in 2009, without consulting them, for 17 additional months. 97 MPs, out of 128, attended the 7-minute …
Lebanon: The Oil & Gas Week, June 03, 2013 Read More »
Lebanon – Local politics:
Meeting constitutional deadlines is a challenging task in Lebanon, particularly in times of crisis. Less than a month before the expiration of the Parliament’s mandate in mid-June, the question of whether or not to hold the …
Lebanon: The Oil & Gas Week, May 27, 2013 Read More »