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Lebanon lags behind regional countries in gas sector

Important planned developments in Lebanon’s oil and gas sector were postponed this month, adding to delays in the industry.

People inspect maps of Lebanon during the third Lebanon International Oil and Gas Summit in Beirut, Lebanon  May 9, 2017. REUTERS/ REUTERS/Mohamed Azakir - RC1AB4C7DE10
People inspect maps of Lebanon during the third Lebanon International Oil and Gas Summit, Beirut, Lebanon, May 9, 2017. — REUTERS/Mohamed Azakir

BEIRUT, Lebanon — January 2020 was to be a major month for Lebanon’s budding oil and gas sector, with the first ever offshore exploratory drilling expected to have started and the second round of licensing to close at the end of the month. However, both have been postponed.

The exploratory drilling by a consortium of companies headed by Total SA Ricardo Darré, general manager of Total E&P Liban told LOGI earlier this month that the ship, the Tungsten Explorer, would arrive in January, after a delay.

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