Country Report

Lebanon upstream summary

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28 August 2018

Lebanon upstream summary

Report summary

Lebanon has a nascent upstream sector. It has no proven oil or gas reserves. But following giant gas discoveries in the Eastern Mediterranean, interest is high. Its offshore sector is considered highly prospective and its inaugural bid round attracted the majors and resulted in two block awards. Strong domestic gas demand presents a route to monetisation for any discovery - Lebanon is currently progressing LNG imports to offset its reliance on costlier fuel oil.In 2017, the Lebanon ...

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
      • Maritime Boundaries
  • 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 6 images and tables including:

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

What's included

This report contains:

  • Document

    Country Overview

    PDF 12.42 MB

  • Document

    Country Overview

    XLS 138.00 KB

  • Document

    Country Overview

    ZIP 12.47 MB

  • Document

    Executive summary

    PDF 676.63 KB

  • Document

    Key facts

    PDF 683.74 KB

  • Document

    Location maps

    PDF 6.34 MB

  • Document

    Geology

    PDF 689.78 KB

  • Document

    Exploration

    PDF 3.73 MB

  • Document

    Reserves and resources

    PDF 669.70 KB

  • Document

    Production

    PDF 681.83 KB

  • Document

    Infrastructure

    PDF 3.70 MB

  • Document

    Policy and regulation

    PDF 688.31 KB

  • Document

    Fiscal terms

    PDF 711.63 KB

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