Lebanon Says Will Pursue Oil Exploration despite Israeli Criticism

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Lebanon on Thursday pledged to do "everything in its power" to pursue oil and gas drilling off its coast, in response to Israeli accusations that such explorations were "provocative."

In December, Lebanon approved a first bid to search for oil and gas in two blocks off the country's Mediterranean coast, including one that Israel says belongs to it.

On Wednesday, Israeli Defense Minister Avigdor Lieberman said awarding such bids amounted to "provocative behavior" by Lebanon's government.

"They issue a tender on a gas field -- including a bloc which by all accounts is ours -- to international groups that are respectable companies, which to my mind are making a serious mistake since it's against all rules and protocol in cases like this," Lieberman said.

Lebanese officials have fired back, with Energy Minister Cesar Abi Khalil on Thursday saying Lebanon would defend its right to drill there.

"Israel will do what it can to block us from taking advantage of our oil wealth, and we will do everything in our power to defend it," Abi Khalil told a local radio station. 

Lebanon will sign agreements with the explorers -- France's Total, Italy's ENI and Russia's Novatek -- next week and would be ready to begin drilling by 2019, he said. 

Lieberman's comments on Wednesday have set off a firestorm in Lebanon. 

Hizbullah on Wednesday warned that it would "respond firmly to any attack on our oil and gas rights."

And on Thursday, President Michel Aoun pledged Lebanon would "defend its sovereignty and territorial integrity by all available means."

Lebanon is looking to tap potential oil and gas reserves after major offshore discoveries by neighboring Israel and Cyprus. 

On December 14, it approved a bid on blocks four and nine -- just two of the five that were offered.

Block nine is the disputed block with Israel.

Comments 1
Thumb whyaskwhy 01 February 2018, 18:36

And obviously the money will be put to good use and repay all our national debt over the next ten years. Meanwhile our government will look at ways to downsize and improve its budget spending and facilities to the public.
Chapter Two Disney's new Lebanese feature will also have Mickey and Minney fly over the moon riding a cow....