Exploration & Production

Lebanon prepares to relaunch licensing round

Lebanon is still waiting for crucial oil and gas legislation to be passed by its new government even though it has approved a new offshore tender Lebanon is still waiting for crucial oil and gas legislation to be passed by its new government even though it has approved a new offshore tender.
By Verity Ratcliffe 9 January 2017 0 23395

Lebanon has given the green light to tender oil and gas exploration licences for five blocks in its offshore acreage. However, the country has yet to pass its long-awaited hydrocarbon law, which could further delay the tender process.

The government is yet to specify which five of its 10 blocks will be available. However, lebanese energy minister Cesar Abou Khalil said blocks 8, 9 and 10 – which border Israeli waters – would be included, along with a block in the centre of Lebanon’s exclusive economic...