British companies could soon be involved in the search for oil and gas off Lebanon’s shores. At least that’s the hope of the UK government who are asking British companies to register an interest in searching for oil and gas in Lebanon’s exclusive economic zone (EEZ). They have until the end of February 2013 to […]
Anger in Iran as natural gas prices increase 10 fold
Iran’s parliament has warned President Mahmoud Ahmadinejad that resentment is building over sharp increases in the price of natural gas, which has risen at least 10-fold on average in recent weeks, and that public protests could follow.
Potential Lebanese- Israeli Conflict over Natural Gas Revisited
By Ghassan Karam
The USGS has declared the large potential of the Levant field in the Eastern part of the Mediterranean Sea but the Lebanese authorities have failed so far to
Natural Gas Deposits: No Free Lunch
By Ghassan Karam
The Lebanese authorities are well advised not to “count their natural gas chicken until they hatch”.