Governance
IOC’s in the Lebanese Law and Regulations

Application Phase

Applicant

• Shall have an appointed legal representative who shall reside in the Republic of Lebanon or such other place as approved by the Minister of Energy and Water. (PAR Chapter 1 {7}).

• A Petroleum Right may only be awarded to a legal person incorporated, registered and headquartered in a jurisdiction fully transparent to Lebanesenauthorities. (PAR Chapter 1 {7}).

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