What’s Next for Oil and Gas in Lebanon?
What’s next for oil and gas in Lebanon?

Lebanon’s new government pledged to “continue and accelerate the measures related to issuing licenses for the drilling and extraction of oil” in its recent policy statement. This morning, Al-Mustaqbul newspaper said the cabinet will today discuss two decrees necessary for Lebanon to begin accepting bids from international companies eager to explore its territorial waters.

NOW spoke with two members of the Lebanese Petroleum Administration – the sector’s regulator – about what the process of licensing for oil and gas exploration (and, potentially, production) will look like. However, the bureaucrats only agreed to be interviewed on condition of anonymity.

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#عملية المناقصة #علم الاقتصاد #المراسيم #tender process #economics #LPA #decrees