THU 21 - 11 - 2024
 
Date: Dec 16, 2017
Source: The Daily Star
Hariri congratulates Lebanese people on oil decision
BEIRUT: Prime Minister Saad Hariri Friday hailed the licensing of a consortium of international oil companies to begin oil and gas exploration, and congratulated the Lebanese people for the recent developments.

Hariri posted a short video clip on his official Twitter account that showed a map of Lebanon and its offshore blocks, with block 4 and 9 - where the licenses were approved - highlighted in red. "Congratulations Lebanon and congratulations to the Lebanese," Hariri wrote, using a hashtag: #Lebanon_is_an_oil_country.

The Cabinet Thursday approved the recently awarded licenses for a consortium of three oil companies - France’s Total, Italy’s ENI and Russian Novatek, setting the path for exploration of oil and gas in 2019.

Energy Minister Cesar Abi Khalil said Friday that drilling for oil and gas in blocks 4 and 9, which lie in north and south respectively, will begin in 2019.

Progressive Socialist Party leader MP Walid Jumblatt also praised Cabinet's decision. Jumblatt wrote in a tweet that resolving public debt and corruption was vital to preserving the investment of these resources.


 
Readers Comments (0)
Add your comment

Enter the security code below*

 Can't read this? Try Another.
 
Related News
Long-term recovery for Beirut hampered by lack of govt involvement
Lebanon to hold parliamentary by-elections by end of March
ISG urges Lebanese leaders to form govt, implement reforms
Lebanon: Sectarian tensions rise over forensic audit, election law proposals
Lebanon: Adib faces Christian representation problem in Cabinet bid
Related Articles
The smart mini-revolution to reopen Lebanon’s schools
Breaking the cycle: Proposing a new 'model'
The boat of death and the ‘Hunger Games’
Toward women-centered response to Beirut blast
Lebanon access to clean drinking water: A missing agenda
Copyright 2024 . All rights reserved