On the basis of German studies which indicated the presence of huge offshore oil and gas amounts, Lebanon and other regional countries decided to invest this game-changing fortune. However, the demarcation of the maritime borders among those countries has turned to be a key issue that may lead to major ...
Lebanese President Michel Aoun stressed on Monday that it is out of the question to waive Lebanon’s rights to invest its gas and oil wealth. In two separate meetings with the United Nations Special Coordinator in Lebanon Joanna Wronecka and a parliamentary delegation, President Aoun presented the stages of the ...