Lebanon

Total Did Not Sign the Contracts for Gas and Oil Exploration and Extraction from Blocks 8 and 10

Total Did Not Sign the Contracts for Gas and Oil Exploration and Extraction from Blocks 8 and 10

Information for LBCI indicated that "Total did not sign the contracts for the exploration and extraction of gas and oil from blocks 8 and 10, considering that the French Total is the operator and represents its partners in the consortium, which are the Italian Eni and Qatar Energy." The deadline set by the Council of Ministers for signing expired yesterday, and according to informed sources, the Council of Ministers' decision to award these blocks may have lapsed unless the Council decides, based on a proposal from the Ministry of Energy, to extend the deadline for Total.

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