Lebanon's Prime Minister Saad Hariri arrives at an international conference on the future of Syria and the region
Lebanon's energy sector relieved as political headwinds ease
With a new cabinet in place, offshore operators will feel more comfortable and a new bid round can proceed
It took nine months to put together and the result does not please every faction in Lebanon's complex political mosaic, but the country at last has a government – including a new energy minister, Nada Boustani. Boustani is no stranger to the job: she has worked in the ministry since 2010 and was most recently an adviser to the previous incumbent. She is also well known to foreign investors in Lebanon's energy sector. One of her first tasks will be to assure the consortium, which was awarded licences for two offshore blocks in late 2017, that the country can now look forward to a period of relative political stability. The consortium, consisting of Eni and Total (each with a 40% share), along
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
