Lebanon: Higher country risk does not eclipse energy potential
While the local political class is still debating whether the government has the competence, or not, to take major decisions at a time the Presidency is vacant, the authorities are managing …
Lebanon: The Oil & Gas Report, June 16, 2014 Read More »
Lebanon: Will it be possible to avoid another tender delay?
Despite the political deadlock, the Petroleum Administration is pursuing its efforts to push for the adoption of the two missing decrees that are required to move forward with the first …
Lebanon: The Oil & Gas Report, June 02, 2014 Read More »
Lebanon: Presidential election dominates local political agenda
Oil and gas-related developments in Lebanon were limited in the past two weeks to the organization of two conferences, one on arbitration and alternative dispute resolution (8-9 May) and the other – more …
Lebanon: The Oil & Gas Report, May 19, 2014 Read More »
Will the current political deadlock discourage international companies and partners?
The Presidential election, although far from reaching a decisive stage, is dominating the local political agenda. President Slaiman’s term will expire in May 25 and there are serious doubts a …
Lebanon: The Oil & Gas Report, May 05, 2014 Read More »
Presidential election: Samir Geagea, first candidate to include oil & gas in electoral program
The Lebanese Parliament will convene on April 23 to elect a new President. However, no progress is expected to emerge until the last minute of President …
Lebanon: The Oil & Gas Report, April 21, 2014 Read More »
Recently discovered deposits of natural gas in the Eastern Mediterranean’s Levant Basin have arrived at a time when global demand for natural gas and related products is projected to increase at an annual rate of 1.6 percent, on its way …
Lebanon: Investment Opportunities in the Energy Sector* Read More »
Lebanon: Tender delayed… pending a broader political consensus?
Lebanon’s first licensing round will be delayed for the fourth time. The deadline to submit bids was previously set on April 10, 2014, but since the cabinet has not approved the two …
Lebanon: The Oil & Gas Report, April 07, 2014 Read More »
The newly-formed cabinet headed by Prime Minister Tammam Salam held its third meeting today, 02/04, and failed to approve two decrees that are essential to proceed with the first licensing round for offshore oil and gas exploration: a decree defining …
Flash: Lebanon fails once again to approve missing oil & gas decrees Read More »
Parliamentary debate: oil & gas dwarfed by more pressing issues
Prime Minister Tammam Salam’s cabinet won a confidence vote in parliament on March 20, after two days of heated debate. The cabinet secured the backing of 96 MPs of the …
Lebanon: The Oil & Gas Report, March 24, 2014 Read More »
Edison seeking to acquire Israeli gas fields Tanin and Karish near Lebanese border?
Italian company Edison, one of the 46 companies shortlisted for Lebanon’s first licensing round (as non-operator), is reportedly negotiating a possible acquisition of two gas fields off …
Lebanon: The Oil & Gas Report, March 10, 2014 Read More »
Lebanon: How will the new cabinet manage the oil & gas file?
Lebanon has a new cabinet. In this report, MESP sheds light on the context of the formation of Salam’s cabinet, including the appointment of Arthur Nazarian as Minister …
Lebanon: The Oil & Gas Report, February 24, 2014 Read More »
Lebanon: LNG import tender & FSRU tender confirm business as usual at the MOEW
Thirteen companies responded to the Ministry of Energy and Water’s tender, launched in December 2013, to import liquefied natural gas. The deadline for placing bids, …
Lebanon: The Oil & Gas Report, February 10, 2014 Read More »