LATEST NEWS
30 July, 2014
 
US official calls for Lebanon to accelerate oil process US Deputy Assistant Secretary for Energy Diplomacy Amos Hochstein encouraged the Lebanese government to “act quickly to adopt the needed measures for the issue of gas and oil, including passing decrees related to blocks [of the Exclusive Economic Zone (EEZ)] and permits.” In an interview with As-Safir, he noted, “There is not enough time for the government to move at a slow pace. It has to catch up with neighboring countries.” According [...]
23 July, 2014
 
Why the campaign of #ProtectOurDream To Starting with “Lebanon can join the club of oil and gas producing countries...” This is neither a joke nor a dream. This is rather a recently discovered reality, approved by seismic 3D surveys off the Lebanese coast which proved the existence of a substantial amount of gas. Furthermore, and according to official reports approved by many experts, there is a high possibility of very promising commercial quantities of gas; quantities that are encouraging enough to probably [...]
23 July, 2014
 
Local organizations see the need for transparency and good governance While the political class has done nothing to move forward on exploring for potential offshore oil and gas reserves in the past year, Lebanese civil society organizations are taking more of an interest in the emerging sector.   “If you had asked me this question [about civil society interest in oil and gas] nine months ago, I would have told you it’s an emerging interest, it’s still too [...]
21 July, 2014
 
An air of frustration hung over last month’s oil and gas conference at the École Supérieure des Affaires. “It is clear that there is no plan,” vented an industry leader who wished not to be named, referring to the government’s lack of a publicly articulated roadmap for the sector.   Political hurdles have slowed progress on the development of the sector, despite work by its regulator, the Lebanese Petroleum Administration (LPA), in drafting various recommendations and [...]
18 July, 2014
 
The 1st International Conference & Exhibition for Energy Oil & Gas The LOGIC 2014 Event is to be scheduled to happen in December 2014 in Beirut... The dates and all the info will be announced shortly. Stay tuned with us for all additional information.   [...]
18 July, 2014
 
The Petroleum Administration has made some changes to the two key decrees awaiting Cabinet approval before the first round of licensing for oil and gas exploration in Lebanon, an insider said Thursday. “Members of the Petroleum Administration have made some of these amendments after receiving input from the Cabinet committee that was established to discuss the two decrees,” the source told The Daily Star. He said the Petroleum Administration would submit the amended decrees [...]
18 July, 2014
 
Lebanon will once again postpone the gas auction which was scheduled for Aug. 10 as some ministers expressed their dissatisfaction over the state’s share stated in the decrees, insiders said. But the ministerial committee designated to review the decrees has apparently agreed to open all the offshore 10 blocks for auction so the bidding oil companies can select one or two of these blocks. “Some of the ministers in the committee, which was formed to discuss [...]
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Cogico SARL
  Oil & Gas, Fuel
  01 808150
Wardieh Holdings
  Oil & Gas, Fuel
  01 243476
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