Petroleum Administration To Prepare For Oil Bids

The newly appointed members of the Petroleum Administration held their first meeting Friday under the chairmanship of Energy and Water Minister Gebran Bassil.

Bassil said the ministry and committee would do their utmost to invite international companies to start bidding for licenses to drill oil and gas before the end of this year.

 The companies will try to extract gas from designated blocks with the help of the Administration. 
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