The Cabinet will launch the second oil and gas licensing round in the next few weeks, according to an article published in the February issue of Lebanon Opportunities.
The Lebanese Petroleum Administration (LPA) will start the prequalification process once the licensing round is launched.
Interested companies will be given a six-month period to submit their commercial and financial bids. The LPA will announce its recommendations in the last quarter of 2019, and the Cabinet will awa...
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