Lebanon Gears Up to Kick Off Natural Resources Exploration
إقرأ هذا الخبر بالعربية
Lebanon and Cyprus will hold talks to follow up discussions on demarcating the maritime border, As Safir newspaper reported on Friday.
The meeting, which will be held “soon” according to the daily, will tackle the Israeli-Cypriot discussions to correct the errors in the agreement between the two sides, which “harms” Lebanon.
The Cabinet approved on Wednesday the oil and gas decrees after lengthy discussion over who should administer the tender and oil and gas exploration in its offshore territorial borders.
A dispute had erupted between Lebanon and Israel over the maritime border after the discovery of potential offshore energy reserves.
However, the Israeli map conflicts with Lebanon's proposed borders.
A prolonged debate emerged between Lebanon, Cyprus, Turkey, and Israel over the demarcation of maritime border for its Exclusive Economic Zone.
Beirut argues its map is in line with an armistice accord drawn up in 1949, an agreement which is not contested by Israel.
Energy Minister Jebran Bassil told As Safir on Friday that a plan was devised to follow up on the matter.
“We are preparing an organized plan to go over the submitted contracts… we’ve come a long way in this matter… In three months the tender will be complete,” he stated.
Bassil urged the government to appoint a body which will administer the oil and gas exploration process.
06 January 2012, 09:36
12
i can just see the all the leaders of lebanon with there hands out. what a shit whole.
06 January 2012, 11:35
01
i wish they would have such motivation and hurry to tackle other more important isssues such as the huge traffic jams in beirut, the buildings done without any planning, the environment pb, the electricity, the water, the sewage the salaries and so on...
but i guess these issues don t concern them as they need responsible people to deal with not mafiosi....
06 January 2012, 12:22
40
the filthy zionist world industrial complex information war mechanised division is halucinating and trying to diminish through their local chiwawaaaas the historical achievements of our resisting government. Their halucinations will lead them to craziness and nothing more. Oh, and one more thing: dream on!
06 January 2012, 15:13
12
The Vultures started hovering and after all the thieves around in high places are done the Lebanese will get the bare bones.
06 January 2012, 16:12
01
Berri and FPM are trying to get a cut after the Hezz steal the most. Let the money pay back the country for the stolen electricity of the Shia mt'weili.
06 January 2012, 16:24
01
For sure, royalties will go in Assads Gang pockets (like in Lebanon like in Syria) via his local "lebanese" kennel & from top of the "State" and downward.
06 January 2012, 16:33
00
mowaten, I agree with you on this one but I must add that we need to protect what's ours not only from our #1 enemy Israel but from everyone else also.
06 January 2012, 17:21
00
as much as I hate this government - you cant complain they are tackling this with urgency, over issues such as electricity, traffic etc... If they deal with this efficiently, the country will reap billions in much needed funds - funds which can be used to address the other issues and improve the lives of it's citizens.
lets be realistic here.
06 January 2012, 17:39
01
international maritime borders have always been a tricky conflict between nations. france and canada are also in conflict over a border and the case is in the hands of the international justice. so no wonder the border with israel is disputed as huge interests are at stake.
but i doubt that the lebanese citizen will ever see a dollar of this wealth given the mafiosi we have as politicians....
06 January 2012, 19:06
20
the filthy zionist information war department halucinate that lebanese will not see money from oil and gas.
yes we will. you won't.
