Lebanon Begins Drilling for Oil Next Week

W460

Lebanon is expected to start drilling offshore for oil and gas on February 27, Culture and Agriculture Minister Abbas Mortada told VDL (93.3) radio station on Friday.

During its meeting yesterday, “not only did the Cabinet approve the Kuwaiti housing loan bill, but it also discussed and gave the green light for drilling for oil at sea in bloc 4 starting Thursday,” said Mortada.

The minister pointed to a technical problem that could have delayed the decision to launch drilling.

“To start work, we realized that a license from the environment ministry is required to define environmental standards to prevent pollution, which takes between one month to 90 days to finalize,” said the Minister.

“But, the drilling ship is ready and can not be delayed because if it leaves Lebanon’s waters it may not return before a year. So in order not to waste time, the Cabinet took the responsibility and gave permission to start drilling on Thursday,” added Mortada.

But he pointed out that "efforts are underway to prepare the license as soon as possible."

Last year, Lebanon signed its first contract to drill for oil and gas in its waters.

A consortium comprising energy giants Total, ENI and Novatek took the first two of its 10 blocks, including one disputed by neighbouring Israel with which Lebanon has fought several wars.

SourceNaharnet
Comments 4
Missing cedars 21 February 2020, 14:13

Wrong move. This means the current political system will steal Lebanon resources instead of stealing the foreign aids or cedars2

Thumb s.o.s 21 February 2020, 15:33

Why is the culture and agriculture (which already don’t mix) meddling with the gas file? Abbas Mortada is a crook just like Gebran Bassil, Nabil Berry and their pals.

Obviously they’re going to steal our natural resources to pay back the debt, understand the billions they stole. The IMF is going to bleed people dry.... let’s hope people will be smart enough and react on time when it’s put in motion.

Missing keserwaniaseel 21 February 2020, 22:41

So much for the environmental standards and the possible pollution!

Drill Baby Drill!

The govt of the people!

Missing keserwaniaseel 21 February 2020, 22:41

So much for the environmental standards and the possible pollution!

Drill Baby Drill!

The govt of the people!