Over 40 Firms To Bid On Gas Exploration Tender

Over 40 international oil companies are expected to take part in the first gas tender in Lebanon in February 2013 amid indications that the country’s untapped reserves could be larger than early indications.

“I think February is a very reasonable timing and oil companies are quite happy that Lebanon has finally decided to proceed with gas extraction projects,” David Rowlands, the CEO of British-based company Spectrum, told The Daily Star over the telephone.

 Extraction of gas reserves off Lebanon’s coast estimated to be between 300 and $700 billion. 
Leave a Comment
#مناقصة #شركات النفط #ثروة #القادة السياسيين #tender #oil companies #wealth #political leaders