Lebanon Businessnews News
 

How Lebanon can
unlock oil and gas wealth
Foreign Policy
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...Since 2019, many public servants who were trained by the LPA to regulate the process of gas exploration and production have left the oil sector. Even more critically, the term of the LPA’s governing body expired in 2018—and the agency has since lost a majority of its staff, including two of the six members of the LPA’s governing body. The government has failed to appoint a new governing body due to political disputes; the remaining four members of the expired body are considered caretakers. With such a mass exodus, there are few people left in the public sector to monitor and control exploration responsibly and legally...
FULL STORY
Date Posted: Feb 14, 2023
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