No 45



Lebanese Parliament Passes Legislation To Open Up Energy Sector

The Lebanese parliament last month approved a new law which is intended to be a blueprint for privatizing the countrys energy sector. The law will, among other things, allow the government for the first time to invite bids for the establishment of refineries on a build, operate and transfer (BOT) basis to replace the existing inactive refineries in Tripoli and Zahrani, and to construct an LNG...