Lebanon Invites Companies involved In LNG Import


Lebanon’s ministry of energy and water has invited eligible companies involved in the liquefied natural gas import and re-gasification industries to express their interest in a planned local project, the state-run National News Agency reports Thursday.

The project includes operating a floating plant for LNG re-gasification starting from early 2015 and setting up an offshore floating terminal for receiving LNG vessels, the ministry said, according to the news agency.

Interested companies should apply before the June 4 deadline, it added.

Lebanon, which plans to explore for oil and gas, is suffering from severe power shortages. Its existing electricity generating plants, which are mainly fired by costly and polluting fuels, can’t meet the country’s growing demand for energy.