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Saturday, 01/20/2018 8:41:52 AM

Saturday, January 20, 2018 8:41:52 AM

Post# of 54276
Lebanon excited about recent oil reports in Israel.

LEBANON/SYRIA
Although it is not ordinarily recognized as a particularly noteworthy region for E&P, Lebanon held its first licensing round in 2017. The offshore bidding round is the country’s ardent push to join its Eastern Mediterranean counterparts in their regional success, as they’ve reported recent oil and gas finds nearby, in Israel and Egypt. This is a particularly momentous milestone for Lebanon, considering that the auction was originally scheduled to be held back in November 2013.


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