MAY 3, 2024 JLM 73°F 01:46 PM 06:46 AM EST
Lebanon does not give up... on gas

In Lebanon, it is difficult to digest that the gas drilling in block 9 ended without the discovery of a commercial reservoir.

After the great noise of the maritime border agreement with Israel, Lebanon hoped to become a significant gas player in the gas market in the eastern basin of the Mediterranean Sea, but the hopes were dashed.
 
Despite this, they did not lose hope in Lebanon. Interim Energy Minister Walid Fayed stated yesterday that he would like the consortium led by France's Total to conduct a second drilling in block 9.

According to the minister, the consortium is committed to a second drilling although no timetable has been set. Fayad wants the second drilling to be done early next year. It is doubtful if this will happen in view of the disappointing results and the regional tensions.

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Comments
Johnandtoni Miller 02:02 27.10.2023
Can you say "Stone ages"? That's exactly where they will be soon enough. Just carpet bomb the whole lot of them. Israel should be able to get a good night's sleep.
Rene Aguiluz 23:08 26.10.2023
Make war with Isrsel just riding horses and camels ho ho ho ho..... ..
Rene Aguiluz 23:05 26.10.2023
Dummy lebanon won't get one drop of petróleo ha ha ha....
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