What can we expect from Lebanon’s offshore hydrocarbon resources?
Skeptical doubts cross with high expectations! Meanwhile, accomplished studies and regulations show actual facts and prospects of the Lebanese Petroleum sector. Being one of the very few remaining sectors that has the potential to support the growth of the Lebanese economy, oil and gas can provide unparalleled opportunities for security of power supply, development of local industry and infrastructure, growth of small and medium sized enterprises, job opportunities for Lebanese youths and specialists, as well as an increase in foreign and local direct investments that will trigger a positive domino effect, allowing for cross-sectoral strategic partnerships. Lebanon can only turn into a successful petroleum-producing nation with the support, faith, commitment and constructive inputs provided by our decision makers, local partners, civil society and academic institutions, as well as our media.
Working together on Unlocking Opportunities is a prime priority. The key rests with every one of us within his or her own capacity.
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