Lebanon | Egypt Oil & Gas - Part 3

Iraq to Export Fuel to Lebanon in 2021

Iraq will begin exporting fuel to Lebanon in 2021 using global prices, Iraqi Oil Minister, Ihsan Abdul Jabbar Ismail, stated, according to Reuters. Neither Iraq nor Lebanon revealed specific details regarding the amou...

Unsuccessful Drilling Results in Lebanon

Preliminary drilling results in Lebanon’s Block 4 came back negative for the existence of a gas reservoir, according to The Daily Star.   Despite the failed results, Lebanon’s Energy and Water Minister Raymond Ghajar ...

Lebanon to Commence Hydrocarbon Drilling

Lebanon is going to commence drilling activities for hydrocarbons in its waters within the last week of February, according to the Lebanese Agriculture and Culture Minister, Abbas Mortada, the Daily Star reported. “Dr...

Lebanon Extends Deadline for Oil, Gas Exploration Licensing Round

Nada Boustani, Lebanon’s Energy Minister, announced on January 13 that the deadline for submitting the applications in the second licensing round for oil and gas exploration has been extended, according to the Daily S...

Total to Drill in Lebanon

Total, which is part of a consortium consisting of Italy’s Eni and Russia’s Novatek, plans to start exploring for natural gas in the eastern Mediterranean waters offshore Lebanon, as reported by The National. The comp...

Lebanon Delays Fuel Bid for One Week

Lebanon’s fuel bid round was postponed by one week from December 9, in order to get more competition and consequently better prices after receiving offers from two companies, according to Reuters. The Lebanese Energy ...

Lebanon Seeks 180,000 Tons of Diesel

Lebanon’s Ministry of Energy and Water announced that the country will be holding a bid round to buy 180,000 tons of diesel oil, Zawya reported. The deadline for offers is set to be on December 5. The ministry s...

Lebanon to Launch Gasoline Tender

The Ministry of Energy and Water in Lebanon will launch a tender for gasoline in December, according to the Minister of Energy, Nada Boustani, Zawya reported. Boustani said that the tender would supply about 10% of th...

Egyptian, Lebanese Petroleum Unions Sign Cooperation Protocol

During the signing of a joint cooperation protocol between the Egyptian General Trade Union for Petroleum Workers (GTUPW) and the Lebanese Federation of Petroleum Employees and Workers’ Unions (FPW) in Lebanon o...

Lebanon to Begin Oil Exploration in November

President of Lebanon Michel Aoun announced that his country will begin oil exploration in November, Daily Sabah reported. Lebanon aims at restoring investors’ confidence in order to be able to attract more investments...

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