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oil and gas

May 13

Lebanon Could Have Promising Oil, Gas Reserves

Lebanon could hold reserves of almost 30 trillion cubic feet of natural gas and 660 million barrels of oil.


Country’s energy minister Gebrane Bassil, speaking at Arab Economic Forum on Thursday, said that scanning was now complete"......

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May 13

Lebanon fuel re-exports to Syria diminishing

Only one dealer remains in the controversial business of re-exporting gasoil to Syria, a senior industry official said, while Lebanese customs data showed a 33 percent decline in fuel imports during the first quarter of 2013.


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