Lebanon targets gas and aid
The crisis-hit nation dreams of better diplomatic relations to help boost its crippled economy and unlock a gas bonanza. But dreams they may remain
The administration of US president Donald Trump—seeking a foreign policy win ahead of a bitterly contested election—has brokered maritime delineation talks between Israel and Lebanon. The historic negotiations, which stretch from gas development to regional geopolitics, kicked off in mid-October with the two sides, technically at war, sitting in the same room but communicating only through US and UN mediators. Experts say the tapping of veteran Lebanese politician Saad Hariri as the country’s prime minister in late October may be a positive development for the talks. Nonetheless, low oil and gas prices and possible spoiler actions by Turkey and Russia—as well as Iran—could render any deal me

Also in this section
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek