Petroleum Administration | Al Bawaba

Petroleum Administration latest

It takes approximately one year to drill, another year for appraisal, two to three years to hammer out a production plan and another two to three years for full production before Lebanon can begin exporting gas. (Shutterstock)

August 29th, 2016 - 12:00 GMT

Lebanon's gas production and export will take seven years after decrees passed

Two decrees on delineating the offshore blocks and laying out an exploration and production-sharing agreement remain stalled in the Cabinet.

One of the thorny issues Lebanon may need to solve before embarking on gas exploration is the 870 square kilometer disputed zone near the southern territorial waters. (Shutterstock)

July 3rd, 2016 - 09:00 GMT

Lebanon moves closer to removing hurdles to offshore gas exploration

The initial results for the 3-D survey were very encouraging, according to the British-based company Spectrum, which conducted the operation over 3,000 square meters off the southern Lebanese coast.

October 6th, 2014 - 09:43 GMT

A bird's view: airborne oil and gas surveillance commences in Lebanon

Photo used for illustrative purposes (Source: Wikimedia commons)

July 7th, 2013 - 07:28 GMT

Lebanon gas in range of Israel

Oil and gas supermajors are among the 46 international energy firms that prequalified earlier this month to bid for offshore hydrocarbon exploration contracts in Lebanon

May 1st, 2013 - 08:25 GMT

Round one for Lebanon's oil and gas licensing

Countries of comparable size generally received around 40 prequalification applications and about 20 of them are actually invited to make a bid

March 31st, 2013 - 11:16 GMT

Lebanese gas fields draws 52 bidders

3-D survey showed that gas reserves off its southern coast may be larger than previously though

January 31st, 2013 - 10:03 GMT

Lebanon's offshore gas supplies could be bigger than estimated

All experts and officials insist that the Lebanese company will not put a penny in the construction of oil platforms because the oil companies will do all the necessary investments

December 30th, 2012 - 10:42 GMT

Lebanon's gas tendering process looking popular

Gas fields of Lebanon's coast could be potentially lucrative

October 18th, 2012 - 12:46 GMT

Talks under way in London over Lebanon's gas fields

Gas exploration off the coast of Lebanon could be almost worthless if the Eurozone crisis continues

September 27th, 2012 - 07:56 GMT

Eurozone crisis could harm Lebanon's economy further

Lucrative gas fields could be off the coast of Lebanon

September 23rd, 2012 - 07:00 GMT

Huge gas fields could be off the coast of Lebanon, say experts

Globally, the United States topped the list of attractive countries for oil and gas investments

July 16th, 2012 - 09:48 GMT

Oil and gas investment: Lebanon ranks seventh

The use of LNG rather than gas oil would dramatically cut the energy bill

July 4th, 2012 - 09:32 GMT

Natural gas is the future for Lebanon