Explorers will very likely find substantial quantities of natural gas and possibly oil off the Lebanese coast, according to a top executive at a Norwegian company carrying out the first 3-D seismic survey of Lebanon’s offshore deposits.
“You will never know [how much gas there is] until you drill a well under the sea, [but] you can make an assessment from the site we surveyed,” Spectrum CEO David Rowlands told The Daily Star. “Our assessment indicates so far there is a significant volume of gas to be discovered, and maybe even oil.”