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Review files Exploration and Production


Just 5 exploration wells have been drilled in Lebanon, all onshore between 1947 and 1966 and all were dry holes. Although small oil and gas accumulations may be preserved in the coastal plain of south Lebanon no production is forecast due to intractable security issues.

No wells have been drilled offshore. In 2013 Lebanon’s first offshore oil and gas licensing round was authorised with award of licenses planned  for 2014. The country selected 46 companies to bid on 10 blocks adjacent to the Cyprus and Israel borders. However this process has been the subject of repeated delays due to government change.

The slow progress on licensing and the time it would take for any gas discoveries to be developed leads Globalshift to believe that any production is unlikely, at least in the short and medium term. There are currently considerable gas resources in the region waiting to be brought onstream.

For recent events see News Briefs.


E and P

News Briefs


East Mediterranean