The Lebanese Ministry Of Energy and Water plans to extend the May 20 deadline for selecting a consortium to establish liquefied natural gas (LNG) terminals, The Daily Star reported, citing official sources.
The terminals are designed to supply the country’s power plants with a cheaper source of energy.
The ministry plans to request the qualifying companies in the second licensing round if they would agree to extend the deadline to allow more time to evaluate the offers and select the companies that will build the LNG terminals.