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Political Disputes Delay Lebanon’s Gas Projects

In light of Lebanon’s governmental vacuum and developments in neighboring Syria, certain parties want to delay the bidding process for exploration rights to the country’s offshore gas fields.

Caretaker Energy Minister Gebran Bassil points at a map during a tour of areas believed to have gas reserves, off Lebanon's coast near Beirut May 30, 2013.  Offshore seismic surveys suggest Lebanon has at least 30 trillion cubic feet in just a small fraction of its Mediterranean waters Bassil said. Lebanon has selected 46 international oil companies to bid to explore for gas off its coast, where survey ships have been assessing prospects after discoveries in waters off neighbouring Israel and Cyprus. Pictur
Gebran Bassil, minister of energy and water, points at a map during a tour of areas believed to have gas reserves, off Lebanon's coast near Beirut, May 30, 2013. — REUTERS/Mohammed Azakir

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