LEBANON
 
Lebanon Unveils Bid Round Schedule
 
The schedule for Lebanon’s first licensing round offering rights to explore offshore blocks for hydrocarbons was unveiled by the Council of Ministers on 27 December. The council also discussed the final set of cabinet-level decrees, including the one governing model contracts needed to kick-start offshore development. Though a delay in the approval of hydrocarbon-sector decrees could postpone the start of the first bid...