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Project Insights

US hauls Israel and Lebanon to negotiating table

A diplomatic breakthrough could lead to Israel and Lebanon negotiating over disputed offshore oil and gas blocks A diplomatic breakthrough could lead to Israel and Lebanon negotiating over disputed offshore oil and gas blocks.
By James Gavin 13 June 2019 Middle East & Africa / Exploration & Production 0 34304
Lebanese President Michel Aoun (right) in talks with US Assistant Secretary of State David Satterfield in Beirut (PA)

The key issue: US diplomacy between Israel and Lebanon in May has opened the prospect of negotiators meeting at a UN base in southern Lebanon to hammer out the delineation of the maritime border between the two countries.

Interfax analysis: Regional geopolitical pressure may be forcing Israel and Lebanon to start negotiations on their disputed maritime border, but there is underlying momentum for a deal to resolve the lengthy dispute.

The potential meeting, which could catalyse the development of Lebanese and Israeli offshore gas fields, reflects a decisive...