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Open Blocks

Based on the approved recommendation of the Lebanese Petroleum Administration, the Minister of Energy and Water Nada Boustani declared on the 5th of April 2019 that blocks 1, 2, 5, 8 and 10 are open to receive bids in the Second Offshore Licensing Round.

The set of open blocks was selected based on the priorities and goals of the upstream oil and gas sector and the objectives of the Second Offshore Licensing Round.

In particular, three main considerations guided the selection process:

  1. Selecting attractive blocks that increase the probability of hitting commercial discoveries and that are geologically different from the awarded blocks
  2. Selecting border blocks
  3. Limiting the number of open blocks to make competition more focused and to maintain the gradual licensing approach
imagePoster
The coordinates of the open blocks are described in the block delineation decree (42/2017).
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