Australians know that natural resources can be both a blessing and a curse and now Lebanon, a country better known for being maligned by corruption and regional conflict, is walking a tightrope between the two after a major natural gas find.
Last month the Middle Eastern country kicked off its first ever licensing round for offshore exploration licences, after UK-based surveyor Spectrum GEO identified offshore natural gas deposits in a 3000sq km section of the Levant Basin.