Exploration & Production

Russia, Lebanon discuss offshore energy projects

The energy ministers of Russia and Lebanon – Alexander Novak and Gebran Bassil – discussed the possibility of Russian companies participating in projects to develop oil and gas reserves off the coast of Lebanon, the Russian Energy Ministry said on Thursday.
By Anna Gorshkova 10 October 2013 0 4265

The energy ministers of Russia and Lebanon – Alexander Novak and Gebran Bassil – discussed the possibility of Russian companies participating in projects to develop oil and gas reserves off the coast of Lebanon, the Russian Energy Ministry said on Thursday.

Bassil told a press conference Russian companies Gazprom, Novatek, Rosneft and Lukoil have applied to bid at tenders for exploration rights.

Novak and Bassil signed a memorandum to set up a joint working group to monitor the possibility of bilateral cooperation. The ministers also discussed the...