As the Ministry of Energy and Water and the Lebanese Petroleum Administration received requests from International Oil Companies to postpone the deadline to submit applications to participate in the Second Offshore Licensing Round so to allow these companies to complete the required administrative and technical preparations stipulated in the Tender Protocol; the deadline to submit applications for the participation in the Second Offshore Licensing Round was postponed from the 31st of January 2020 until the 30th of April 2020 inclusive.
Click here to download the Minister's Decision in relation with the above mentioned extension.
Click here to download the Minister's Decision in relation with the above mentioned extension as published in the Official Gazette issue no. 4 dated 23 January 2020.
In compliance with the principles of transparency in the petroleum sector and the implementation of the provisions of Law No. 28/2017 (Public Access to Information) , and Law No. 84/2018 (Enhancing Transparency in the Petroleum Sector), the Ministry of Energy and Water continuously and permanently publishes the account value generated by the licensing of seismic data in the Lebanese Offshore and deposited in the account of “Seismic Sales’ Revenues" at the Central Bank of Lebanon.
Current Amount: 43.03 Million U.S.D (as of October 31, 2019)
The Lebanese Petroleum Administration publishes the list of goods allocated for petroleum activities and exempted from custom duties and value added tax (VAT) together with the required procedures to grant exemption