Source: Kataeb.org
Wednesday 3 April 2019 11:08:06
Offshore drilling for oil and gas in Lebanon will begin by the end of this year, Wissam Chbat, member of the Lebanese Petroleum Administration told The Daily Star newspaper.
Drilling will start in maritime Block 4 and a second licensing round could be launched in January 2020, he noted.
“The oil companies have been conducting some environmental surveys on both Block 4 and 9. They are taking samples of oil and water from the sea. Total awarded a contract to a company to conduct this survey,” Chbat said.
France’s Total, Italy’s Eni and Russia’s Novatek have been awarded contracts to drill in blocks 4 and 9.
“There is interdependency between Block 4 and 9, and for this reason any commercial discovery in Block 4 will give an indication about the prospects of gas reserves in Block 9,” Chbat added.