Prime Minister Najib Mikati announced his cabinet lineup on September 10 after a 13-month deadlock.
The cabinet is the result of a delicate balance of power between the major political forces. It is confronted with a herculean task: addressing the …
Walid Fayad appointed Energy Minister in the new Mikati government Read More »
PM Saad Hariri announced his cabinet lineup on January 31, after nearly nine months of intense negotiations over ministerial shares and portfolios. On paper, this cabinet’s lifespan could extend until the end of President Michel Aoun’s mandate, barring a major …
Lebanon: Nada Boustani, new Minister of Energy and Water Read More »
The Ministry of Energy and Water published the full text of the exploration and production contracts signed with the consortium made up of Total, Eni and Novatek. Lebanon is the first country in the Eastern Mediterranean to disclose signed agreements…
Lebanon’s oil & gas sector is stepping into the implementation phase Read More »
The election of Michel Aoun as President on October 31 puts an end to a 29-month-long presidential vacuum, and signals a possible end to the political deadlock that has paralyzed the country since the start of the Syrian crisis in …
Filling the Presidential vacuum and what it means for the oil & gas sector Read More »
The Ministry of Energy is struggling to keep up with deadlines. After postponing the first licensing round for the fifth time in less than a year, Lebanon is missing another rendezvous. The Lebanon International Petroleum Exhibition & Conference, LIPEC 2014, …
Lebanon’s Ministry of Energy: Struggling with deadlines Read More »
Lebanon: Higher country risk does not eclipse energy potential
While the local political class is still debating whether the government has the competence, or not, to take major decisions at a time the Presidency is vacant, the authorities are managing …
Lebanon: The Oil & Gas Report, June 16, 2014 Read More »
Lebanon: Will it be possible to avoid another tender delay?
Despite the political deadlock, the Petroleum Administration is pursuing its efforts to push for the adoption of the two missing decrees that are required to move forward with the first …
Lebanon: The Oil & Gas Report, June 02, 2014 Read More »
Lebanon: Presidential election dominates local political agenda
Oil and gas-related developments in Lebanon were limited in the past two weeks to the organization of two conferences, one on arbitration and alternative dispute resolution (8-9 May) and the other – more …
Lebanon: The Oil & Gas Report, May 19, 2014 Read More »
Parliamentary debate: oil & gas dwarfed by more pressing issues
Prime Minister Tammam Salam’s cabinet won a confidence vote in parliament on March 20, after two days of heated debate. The cabinet secured the backing of 96 MPs of the …
Lebanon: The Oil & Gas Report, March 24, 2014 Read More »
Edison seeking to acquire Israeli gas fields Tanin and Karish near Lebanese border?
Italian company Edison, one of the 46 companies shortlisted for Lebanon’s first licensing round (as non-operator), is reportedly negotiating a possible acquisition of two gas fields off …
Lebanon: The Oil & Gas Report, March 10, 2014 Read More »
Lebanon: LNG import tender & FSRU tender confirm business as usual at the MOEW
Thirteen companies responded to the Ministry of Energy and Water’s tender, launched in December 2013, to import liquefied natural gas. The deadline for placing bids, …
Lebanon: The Oil & Gas Report, February 10, 2014 Read More »
The role of the media in monitoring the government’s work and performance is inestimable. This also applies to the oil and gas sector. The vibrant Lebanese media, hesitant at first, is becoming more and more daring in its coverage of …
Lebanon: Encouraging Public Debate on Oil & Gas Read More »