Minister's Decision regarding the Launching of Lebanon's Second Offshore Licensing Round - 10 June 2019
Country
Year
2019
Summary
The Lebanese Republic's Minister of Energy and Water announces the launch of Lebanon's second offshore licensing round and the opening of the process for receiving Licensing Round Applications by the Lebanese Petroleum Administration. The Minister invites oil and gas companies interested in participating in the licensing round to present their Applications as per the provisions stipulated in the Tender Protocol (issued by Decree 4918/2019) by Friday 31 January 2020 before 4:00 PM Beirut time. The blocks open for bidding are Blocks 1, 2, 5, 8 and 10 which are delineated as per Decree 42/2017. The pre-qualified Applicants will be announced up to four weeks after 31/1/2020, and the winning Applicants will be announced up to seven weeks after the aforementioned date.