Tuesday, May 29, 2018

Exploration plan for oil and gas approved. Activities, roadmap, and locations have been set


The Ministry of Energy and Water (MoEW) has approved an exploration plan put together by the oil and gas consortium Total, Eni, and Novatek.

The consortium, which was granted the right to drill in blocks 4 and 9, had 60 days from the date it signed a contract with the State, to deliver the plan for each block. The Lebanese Petroleum Administration (LPA) had 60 days to study and amend it.

The plan sets out the main petroleum-related activities to be carried out by the consortium. Th...

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