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Policy & Regulation

Crises derail energy plans in Lebanon and Iraq

Dysfunctional governments in Lebanon and Iraq are undermining efforts to have gas play a more prominent role in meeting rising energy demand Dysfunctional governments in Lebanon and Iraq are undermining efforts to have gas play a more prominent role in meeting rising energy demand.
By James Gavin 23 January 2020 Middle East & Africa / Exploration & Production 0 34953
The Miran gas field in the Kurdistan Region of Iraq. (Genel Energy)

The key issue: Surging anti-government protests are hitting the energy sectors in Lebanon and Iraq hard, with bidding rounds delayed and new projects in limbo because of the unrest.

Interfax analysis: The recent plight of two Middle Eastern powers underlines how dysfunctional governance is thwarting efforts to build more rational energy systems.

Wracked by escalating street protests and a plummeting economy, Lebanon spent much of the past three months without a functioning government as the country’s elites bickered over the division of ministerial portfolios in...