LEBANON

 

Bid Round Confusion 

 

Lebanese President Michel Sulaiman and caretaker PM Najib Miqati remain firmly opposed to caretaker Energy Minister Jibran Basil’s plans to close the bid round for rights to explore for offshore oil and gas on 10 January. A member of Lebanon’s Petroleum Administration board tells MEES that precisely nothing will happen on 10 January. Yet the issue is mired in confusion: IOCs are unsure what to make of continued pronouncements...