Latest in Tag: natural gas Highlight

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Latest in Tag: natural gas

Towards liberating the energy market

The petroleum ministry is in its final stages of sanctioning the importation of natural gas by the private sector of the hydrocarbon industry. Many questions come to mind as to the consequences of such move, considering the absence of information to clarify the mechanisms by which the government is proposing to implement this policy. Why …

Mohamed El-Bahrawi

Lebanon delays gas tenders, sets up administrator

By Laila Bassam / Reuters BEIRUT: Lebanon is delaying tenders for offshore exploratory drilling as it sets up an oil and gas oversight committee, but seismic tests suggest increasingly large potential gas reserves, Energy and Water Minister Gebran Bassil said. Interest in drilling in the eastern Mediterranean has grown since two natural gas fields were discovered …


The jury is still out

By Mamdouh G. Salameh In 2006, American oil company Noble Energy of Houston and Israeli company Ratio Oil Exploration received a license to explore “Leviathan”, a deep-water gas field in the Mediterranean about 130 kilometers from Israel’s coastline. At the end of 2010, the two companies announced that Leviathan contains 450 billion cubic meters of natural …


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