Lebanon Businessnews News
 

Gas reserves could fill power deficit
The Daily Star
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BEIRUT: By the time Lebanon starts producing gas, it would most likely be best for the country to reserve the bulk of its output for local consumption to help boost the industrial sector and cut the cost of power use, experts argued Friday.

Speaking at “Oil and Gas in Lebanon 2014,” a research forum organized by BankMed in Beirut, the experts added that if large quantities of gas are discovered, Lebanon could consider exporting a share of its production to regional markets, which could still prove a challenging task.

The Daily Star

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Date Posted: Jun 30, 2014
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