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Project Insights

Lebanon hastens offshore exploration campaign

Lebanon’s embattled political elites need to show a sceptical public that progress is being made in tapping offshore oil and gas blocks, but blaming IOCs looks wide of the mark Lebanon’s embattled political elites need to show a sceptical public that progress is being made in tapping offshore oil and gas blocks, but blaming IOCs looks wide of the mark.
By James Gavin 14 November 2019 Middle East & Africa / Exploration & Production 0 34782
A Lebanese anti-government protester standing in front of burning tires blocking a road north of the capital Beirut Wednesday. (PA)

The key issue: The Total-Eni-Novatek consortium exploring for gas offshore Lebanon has faced criticism from a senior Lebanese political figure over the lack of speed of its drilling efforts.

Interfax analysis: Lebanon’s escalating political and economic crisis, which has seen banks shut their doors and tens of thousands of protesters block streets, has also embroiled the country’s much-delayed efforts to exploit its gas prospects.

On 6 November, the country’s veteran parliamentary speaker, Nabih Berri, launched a public attack on France’s Total, the lead player in the...