Lebanese Urged To Insulate Gas Exploration Plans

Lebanon’s leaders must make sure the country’s burgeoning oil and gas business doesn’t deepen domestic political tensions, executives and analysts said.

Lebanon is preparing to sell exploration rights for the first time in early 2013 amid concerns that its warlords and political groups could descend into sectarian strife as they vie for a piece of offshore wealth. These groups fought a 15-year civil war and remain at odds over two decades later. Royal Dutch Shell Plc, Cairn Energy Plc and Cove Energy Plc are among firms expressing interest in bidding for a license.


 Selling survey rights raises concerns that political groups might fall into conflict seeking wealth. 

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