Country Report

Lebanon upstream summary

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Lebanon's Third Licensing Round set to close in late 2025. The Lebanese Petroleum Administration (LPA) launched its third oil and gas exploration licensing round in December 2023. The closing date for bid submissions has been extended twice: the current deadline for applications is 28 November 2025. The offering consists of all ten blocks delineated by the LPA with the exception of Block 9, which remains under licence to a consortium of TotalEnergies, Eni, and QatarEnergy. TotalEnergies ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Basin setting
      • Petroleum System
    • Licensing
      • Onshore
      • Offshore
      • 2010 to 2013
      • 2013 bid round
      • 2017 bid round
      • 2019 bid round
      • 2024 bid round
      • Drilling
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Oil infrastructure
      • Kirkuk-Tripoli Pipeline
      • Tapline
      • Refining
    • Gas infrastructure
      • Gas processing
      • LNG
    • Key legislation
    • Current fiscal terms
      • Bonuses, rentals and fees
      • Royalty
      • Cost recovery
      • Profit sharing
      • Corporate income tax
      • Indirect taxes
      • Fiscal treatment of decommissioning

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Country Map
  • Lebanon offshore blocks
  • Oil Infrastructure Map
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 12.33 MB

  • Document

    Country Overview

    XLS 162.50 KB