The drilling platform Transocean Barents upon its arrival on August 16, 2023, in Lebanese territorial waters, searching for offshore gas. (Credit; Archive photo AFP/TotalEnergies.)
The Energy Authority (Lebanese Petroleum Association or LPA, affiliated with the Ministry of Energy and Water) announced Thursday that it has extended until Nov. 28, 2025, the deadline set for companies participating in the third tender launched to obtain exploration and exploitation licenses for each of the nine blocks at stake in the Lebanese Exclusive Economic Zone (EEZ).Launched at the end of December 2023, this third round was extended on July 1, 2024, until March 17, 2025, while Lebanon was caught in a war between Israel and Hezbollah. This deadline was then extended until March 31, 2025, following the suspension of legal and contractual deadlines through law number 328, published in the Official Journal on Dec. 5, 2024. This law suspends between Oct. 8, 2023, the first day of the war between Hezbollah and Israel, and March 31,...
The Energy Authority (Lebanese Petroleum Association or LPA, affiliated with the Ministry of Energy and Water) announced Thursday that it has extended until Nov. 28, 2025, the deadline set for companies participating in the third tender launched to obtain exploration and exploitation licenses for each of the nine blocks at stake in the Lebanese Exclusive Economic Zone (EEZ).Launched at the end of December 2023, this third round was extended on July 1, 2024, until March 17, 2025, while Lebanon was caught in a war between Israel and Hezbollah. This deadline was then extended until March 31, 2025, following the suspension of legal and contractual deadlines through law number 328, published in the Official Journal on Dec. 5, 2024. This law suspends between Oct. 8, 2023, the first day of the war between Hezbollah and Israel, and March 31,...