03 What has Lebanon done so far?
Timeline for Oil and Gas in Lebanon and the region
1930s
1st Legislation for Oil Exploration
French Mandate legislates petroleum exploration in Lebanon
Legislation
Sep 2007
Lebanon Sets Vision for Oil Exploration
Lebanon’s Council of Minister’s passes its petroleum policy drafted with assistance for the Norwegians. The legislation was endorsed by the Parliament in August 2010.
Legislation
Aug 2010
Lebanon Parliament Adopts Oil Law
Parliament passes Offshore Petroleum Resources Law # 132/2010.
Legislation
Aug 2011
Lebanon Formally Demarcates its Maritime Boundaries
Lebanon’s Parliament adopts Law No. 163 on the Delineation and Declaration of the Maritime Zones of the Republic of Lebanon (Official Gazette N° 39, 25 August 2011). As part of this law, in October 2011 Cabinet decree 6433 demarcates Lebanon’s Exclusive Economic Zone.
Legislation
Jan 2012
Lebanon’s Cabinet Ratifies Oil Law
Lebanon’s Council of Ministers ratifies Offshore Petroleum Resources Law # 132/2010.
Legislation
Nov 2012
Lebanon Appoints Oil Regulator
Board of Lebanese Petroleum Administration formed after months of debate and missed deadlines.
Legislation
Feb 2013
Cabinet Approves Implementation Decrees for Oil Law
Council of Ministers approves Petroleum Activities Regulations (PAR) – a collection of application decrees filling out the offshore petroleum resources law.
Legislation
Jan 2017
Cabinet ratifies necessary decrees to begin delayed bidding round

On January 4th, 2016 Lebanon’s new government passed two needed decrees that had delayed development of an offshore oil and gas sector since 2013. Without the decrees, one pertaining to block delineation and the other to the Tender Protocol and Exploration and Production Agreement (EPA), international oil companies cannot bid for rights to explore for oil and gas in Lebanese waters.

Legislation
BASICS about Oil and Gas in Lebanon