Lebanese Official Says Qatar Wants to Join Oil & Gas Consortium in Eastern Med

Reuters
Friday, October 14, 2022

Lebanon's caretaker energy minister said on Friday that Qatar has expressed an interest in joining a consortium involving Eni and TotalEnergies that is exploring for oil in the eastern Mediterranean sea.

A post on the official cabinet Twitter account, citing Walid Fayyad, said the consortium was exploring for oil in blocks 4 and 9 in the region.

Earlier this week, Lebanon and Israel reached a historic agreement demarcating a disputed maritime border between them after years of U.S.-mediated negotiations, which opens the way for offshore energy exploration.

(Reuters - Reporting by Lina Najem; Editing by Nadine Awadalla and Jan Harvey)


Categories: Energy Middle East Industry News Activity Mediterranean Sea

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