Country Report
Lebanon upstream summary
Report summary
Limited exploration drilling has so far disappointed. Lebanon has no proven oil and gas reserves, but hopes that the prolific deepwater East Mediterranean gas play extends to the north. The highly-anticipated Byblos well, drilled in 2020, came up dry and the challenging political situation has hindered investors' interest.TotalEnergies, Eni and Qatar Energy to explore offshore Block 9. TotalEnergies operates Block 9 in partnership with Eni and Qatar Energy. Block 9 is one of only two ...
Table of contents
- Executive summary
- Key facts
- Location maps
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Geology
-
Basin setting
- Petroleum System
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Basin setting
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Exploration
-
Licensing
- Onshore
- Offshore
- 2010 to 2013
- 2013 bid round
- 2017 bid round
- 2019 bid round
- Maritime Boundaries
- Drilling
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Licensing
- Reserves and resources
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Production
- Oil/liquids
- Gas
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Infrastructure
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Oil infrastructure
- Kirkuk-Tripoli Pipeline
- Tapline
- Refining
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Gas infrastructure
- Gas processing
- LNG
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Oil infrastructure
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Policy and regulation
- Key legislation
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Fiscal terms
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Current fiscal terms
- Bonuses, rentals and fees
- Royalty
- Cost recovery
- Profit sharing
- Corporate income tax
- Indirect taxes
- Fiscal treatment of decommissioning
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Current fiscal terms
Tables and charts
This report includes 6 images and tables including:
- 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:
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