Oil and Gas in Lebanon

The discovery of hydrocarbons by the Eastern Mediterranean countries represents great economic opportunities for the region. This infograph focuses on the case of Lebanon and examines the relevant developments of this new promising sector within the geological, geographical, legal and economic contexts. The Lebanese government seems rightly aiming at developing the country’s petroleum resources. Yet, strong governance through the implementation of a clear legislative and fiscal framework is paramount to ensure a sustainable development of Lebanon’s oil and gas sector.