Lebanon re-launched a second offshore oil and gas licensing round for eight remaining blocs on Friday, with the deadline for submission of bids set for June 15, 2022, the Lebanese Petroleum Administration said on its website.
The round was initially approved in April 2019 in just two blocs but has been postponed several times, including last year allegedly due to the COVID-19 pandemic.
A consortium of France’s Total, Italy’s Eni and Russia’s Novatek last year completed exploratory drilling in Lebanon’s offshore Bloc 4 off the coast of Beirut
Source: Reuters
