Lebanon Eases Policies for Energy Bidders

From UPI

Companies exploring potential work in the Lebanese energy sector won’t need a national partner provided they have a viable strategy, a government source said.

A licensing round for oil and natural gas work in Lebanon is planned for May. A source in the Lebanese government was quoted by the Platts news service as saying that interested parties no longer had to from joint ventures to work in Lebanon.

“At this stage, all the companies are applying as individual entities,” the source said. “There is no requirement that these companies have a Lebanese partner.”

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