Country Report

Lebanon upstream summary

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24 January 2020

Lebanon upstream summary

Report summary

Lebanon has a nascent upstream oil and gas sector, which is starting to gather momentum. The country has no proven hydrocarbon reserves, but hopes are growing that the prolific deep-water East Mediterranean gas play may extend to the North-East.Total is planning to drill the country's first offshore exploration well, Byblos-1, in Q1 2020. The prospect is located on Block 4, where the French major has partnered with Eni and Novatek. In water depth of 1.5 km and with a total depth of 4 ...

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
      • Maritime Boundaries
    • Ongoing exploration
  • 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
  • Lebanon offshore blocks
  • Oil Infrastructure Map
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2

What's included

This report contains:

  • Document

    Country Overview

    PDF 12.43 MB

  • Document

    Country Overview

    XLS 84.50 KB

  • Document

    Country Overview

    ZIP 12.38 MB

  • Document

    Executive summary

    PDF 694.68 KB

  • Document

    Key facts

    PDF 683.08 KB

  • Document

    Location maps

    PDF 6.34 MB

  • Document

    Geology

    PDF 690.53 KB

  • Document

    Exploration

    PDF 3.74 MB

  • Document

    Reserves and resources

    PDF 668.69 KB

  • Document

    Production

    PDF 680.82 KB

  • Document

    Infrastructure

    PDF 3.71 MB

  • Document

    Policy and regulation

    PDF 686.95 KB

  • Document

    Fiscal terms

    PDF 710.22 KB

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